SHK Is Hong Kong Property on the Slide
Before & After, developed in partnership with Refinitiv, looks at the upcoming events and announcements that will shape your investment portfolio. In this episode, Johanna Botta discusses how Lowe’s stock has rallied 30% in the past year and what is driving that price movement. Is Lowe’s now a safety stock or is the stock’s movement indicative of the American economy? She then shares how Sun Hung Kai Properties is expected to announce their earnings this week. SHK Properties is one of the most significant real estate developers in Hong Kong, so what does its stock’s recent weak performance mean for Hong Kong’s economy? Finally, she reviews the US Manufacturing PMI Index numbers.
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Johanna Botta, Refinitiv