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SGX:HL 15 January 2026

Hongkong Land stock holds near a 52-week high as buybacks keep ticking

Hongkong Land stock holds near a 52-week high as buybacks keep ticking

Hongkong Land shares traded at US$8.18 Thursday afternoon after touching a 52-week high of US$8.33. The company disclosed buybacks of 185,000 shares each on Jan. 13 and Jan. 12, both set for cancellation, reducing its share count to about 2.16 billion. Buybacks follow a US$200 million repurchase plan funded by property sales. The next earnings report is due March 5.
15 January 2026

Stock Market Today

  • 3 Reasons to Avoid Adobe Stock and a Better Pick Instead
    March 20, 2026, 7:21 PM EDT. Adobe's stock has fallen 32.4% since September 2025, dropping to $246.27 amid concerns over slowing growth. The company's annual recurring revenue (ARR) grew 13% last year, lagging the software sector. Analysts project revenue growth to slow to 8.5% over the next 12 months, signaling potential demand challenges. Adobe's operating margin, a key profitability metric including stock-based compensation (SBC) costs, has remained flat around 36.6%, raising concerns about expense management. Trading at 3.8 times forward price-to-sales, Adobe's valuation is fair but offers limited upside. Instead, investors may prefer more resilient names like companies owning brands such as Taco Bell, seen as stronger long-term plays in uncertain markets.
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