Singapore, January 29, 2026, 15:38 SGT — Regular session
- Shares of Hongkong Land inched up in Singapore, staying near their 52-week peak
- A new share buyback filing put the spotlight back on capital returns
- Landlords continue to be mainly driven by shifts in property sentiment and rate expectations
Shares of Hongkong Land Holdings Ltd (H78.SI) climbed 1.08% to $8.45 by 3:28 p.m. in Singapore on Thursday, after hitting $8.53—their highest level in 52 weeks. The stock fluctuated between $8.39 and $8.53 throughout the session, with roughly 1.55 million shares traded. (SG Investors)
The buyback news came as Hong Kong’s property market showed signs of stabilizing, with government data revealing a 3.3% rise in private home prices for 2025—the first annual gain since 2021. Eddie Kwok, executive director at CBRE Hong Kong, predicts a 3%-5% increase in 2026, while Morgan Stanley’s Praveen Choudhary sees a sharper 10% jump, Reuters reported. (Reuters)
This is significant because landlord stocks in the region usually move based on interest-rate forecasts and concerns about asset values, rather than just daily corporate announcements. For a company like Hongkong Land, a buyback can influence sentiment when investors are trying to predict the next shift in property markets.
Hongkong Land repurchased 175,000 ordinary shares on Jan. 27, paying between $8.31 and $8.43 per share, with a weighted average price of $8.3917. The company plans to cancel the shares. Its issued share capital now stands at 2,155,854,126 ordinary shares with voting rights, and it holds no treasury shares. (Investegate)
A share buyback happens when a company buys its own stock, reducing the total shares available. This can boost earnings per share over time if profits stay steady, but the market’s reaction depends on the buyback’s scale, speed, and what investors interpret management’s intentions to be.
Thursday’s buyback was small compared to a share base exceeding 2.1 billion, leaving the major valuation issues untouched. Yet traders tend to view steady repurchases as a safety net during slow trading.
Hongkong Land, based in Bermuda, invests in, manages, and develops mixed-use real estate across key Asian gateway cities. It holds significant assets in its Hong Kong Central portfolio, according to a Reuters company profile. (Reuters)
But buybacks don’t solve the toughest issues. A sluggish leasing market, weak demand for transactions, and any change in global yields can weigh on property values—and with that, the discounts investors attach to landlords.
The stock is currently hovering near the upper end of its 52-week range, which limits how much impact the buyback news can have. Investors will probably look for more clarity on rents, valuations, and how cash will be put to work.
Hongkong Land’s upcoming earnings report is the next key trigger, scheduled for March 5 according to Investing.com’s earnings calendar. Investors will focus on any updates about portfolio valuations and if the company continues to rely on buybacks as a key part of its capital-return strategy. (Investing)
