Hang Lung Properties and Hang Lung Group reported their six-month performance ending June 30. Revenue grew by 17% to HK$6.11 billion ($780 million) and 15% to HK$6.38 billion ($813 million), respectively, with HK$1.23 billion ($158 million) from property sales. Despite a 7% drop in leasing income due to weak retail and office markets in Hong Kong and Mainland China, high occupancy rates were maintained. Mainland China saw increased occupancy and foot traffic from proactive marketing, but luxury mall revenue fell 4% due to decreased consumer demand, while mid-tier malls saw growth of up to 15%.