The Zhitong Finance App learned that Swire Properties (01972) opened lower today, and the decline widened further in the afternoon. As of press release, it fell 4.83% to HK$22.84, with a turnover of HK$112 million.

According to the news, Swire Properties announced its 2026 interim results at noon. The Group obtained revenue of HK$9.413 billion, up 8% year on year; basic profit attributable to shareholders was HK$4.9 billion, up 11% year on year; recurring basic profit rose 36% year on year to HK$4.661 billion, and plans to pay an interim dividend of HK$0.37 per share, compared to HK$0.35 per share for the same period last year.

Citigroup said that retail sales in the mainland outperformed the market, while retail sales in Hong Kong remained healthy. The rental rate of Pacific Place office buildings rose to 98%, the overall occupancy rate of Taikoo Place rose to 90%, and the occupancy rate of Taikoo Place Tower 2 reached 80% for the first time. The net debt ratio is 14.8%.

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