Thursday, January 18, 2007

恆隆地產有限公司 Hang Lung Property (0101.HK)

China related property stocks keep falling today.

I am glad that I've bought Hang Lung, because it focuses on office and mall rental, it is not affected by the tax issue announced yesterday.

In fact it went up by about 5% while others like China Overseas ( dropped by ~10% in last 2 days.

It's not a bad idea to divert some of your property stock investments into something like Hang Lung to diversify risks!