Hang Lung Group and Hang Lung Properties announced their financial results for the six months ending June 30, 2025. Despite ongoing improvement in rental operations, total revenue dropped by 18% and 19% YoY to HK$5.2 billion ($663 million) and HK$4.9 billion ($633 million), respectively, primarily due to an 87% plunge in property sales revenue to HK$161 million ($20.5 million). Rental income, which forms the bulk of the business, also saw a modest YoY decline of 3% for both companies.