Wang On Properties Limited (1243.HK) Stock

About Wang On Properties Limited

Wang On Properties Limited operates as an investment holding firm, primarily concentrating on the acquisition, construction, and sale of commercial and residential real estate throughout Hong Kong. The company's operations are divided into three core divisions: Property Development, Property Investment, and Asset Management. Its development activities encompass securing undeveloped land for new projects, as well as purchasing existing structures for demolition and subsequent rebuilding. Additionally, it acquires completed properties to hold as long-term investments. Beyond property, the company also engages in the leasing and divestment of commercial and industrial premises, and offers a range of services including general management, securities trading, asset oversight, and financial solutions. Established in 1987, Wang On Properties Limited maintains its head office in Kowloon Bay, Hong Kong, and functions as a subsidiary of Earnest Spot Limited.

Wang On Properties Limited is led by CEO Hong Tang, employs 156 people, headquartered in Hong Kong, HK, publicly traded since 2016.

over the past 52 weeks the stock has ranged between $0.03 and $0.04, and currently trades 25.0% below its 52-week high.

Official website: www.woproperties.com