Sales Performance: KERRY PPT's Southside Phase 2 La Marina project in Wong Chuk Hang has sold 584 units, representing approximately 97% of the project, generating around HKD14.5 billion. Remaining units will be sold through tender.

Future Developments: KERRY PPT plans to launch three new projects this year, including Phase 4B of LA MONTAGNE, which will offer 368 units and is expected to be launched as completed units in the first half of 2026.

Collaborations: The upcoming projects involve collaborations with SINO LAND, SWIRE PROPERTIES, and MTR CORPORATION, indicating a strategic partnership approach in development.

Market Insights: Short selling data indicates varying levels of activity among the involved companies, with MTR CORPORATION showing the highest short selling ratio at 31.294%.

Tender Award Announcement: The Lands Department awarded the tender for New Kowloon Inland Lot No. 6674 to King Virtue Limited for a 50-year land grant at a premium of $1.61 billion, slightly above market estimates.

Site Details: The site, covering approximately 3,830 square meters, is designated for non-industrial purposes and will include facilities for mentally handicapped persons, to be constructed by the purchaser.

Bidding Competition: A total of 8 tender documents were submitted by various Hong Kong developers, including notable companies like CK ASSET, HENDERSON LAND, and KERRY PPT.

Market Outlook: Analysts from M Stanley predict an increase in Hong Kong home prices, office rents, and retail sales this year, favoring the residential property market.

Tender Announcement: The Lands Department of Hong Kong announced the closure of public tender for a residential site at Choi Hing Road, Jordan Valley, which received 8 tender submissions.

Participating Developers: Notable developers that submitted bids include CK ASSET, SINO LAND, HENDERSON LAND, and K. WAH INT'L, among others.

Stock Performance: The article mentions the stock performance of the participating developers, highlighting their respective price changes and short selling data.

Short Selling Data: The short selling data for the developers indicates varying levels of short selling activity, with Henderson Land showing the highest ratio at 45.820%.

Stock Performance: K. WAH INT'L's stock fell by 6.64% to HKD2.25 after initially rising to HKD2.43, with a midday trading volume of 2.681 million shares.

Financial Results: The company reported a 13.3% year-over-year decline in turnover to HKD1.052 billion and a 25.9% drop in net profit to HKD114 million.

Earnings Per Share: The earnings per share (EPS) decreased to HK3.61 cents, reflecting the company's financial struggles.

Dividend Announcement: An interim dividend of HK2 cents was declared, which is a reduction from HK4 cents in the same period last year.

Interim Results Announcement: K. WAH INT'L reported its interim results for the period ending June 2025, showing a turnover decline of 13.3% year-on-year to HK$1.052 billion.

Profit Decline: The company's net profit decreased by 25.9% year-on-year, amounting to HK$114 million, with earnings per share (EPS) at HK3.61 cents.

Dividend Declaration: An interim dividend of HK2 cents was declared, down from HK4 cents in the same period last year.

Short Selling Data: As of August 20, 2025, short selling amounted to $267.33K with a ratio of 8.374%.