Joyce Kwock
General Manager of Investor Relations
Good afternoon, ladies and gentlemen. My name is Joyce Kwock, and I’m the General Manager of Investor Relations at Hang Lung. Welcome to the analyst presentation for FY ’26 interim results announcement that were made earlier today for both Hang Lung Properties 101.HK; and Hang Lung Group, 10.HK.
We welcome the audience who are at our Hong Kong headquarters and also the audience who are on the live webcast now. Please scan the QR code for our presentation pack. There are versions of English and simplified Chinese here for you to choose from.
So today, our senior management team is all here to join the presentation. They include Mr. Adriel Chan, our Chair; Mr. Weber Lo, our Chief Executive Officer; and Mr. Kenneth Chiu, our Chief Financial Officer.
So our Chair, Adriel, may start with some remarks, and our CEO, Weber; CFO, Kenneth, will also walk through the results, including development projects and our financial management. And after that, we can take the questions from the audience.
So, Adriel, please. Thank you.
Wenbwo Chan
Executive Chair of the Board
Thanks, Joyce. So I think you’ve all seen the numbers by now. I hope you’ll agree that it’s a healthy set of first half figures. Consumption in China is continuing to hold. I think first quarter, if you break it down, was better than second quarter, but second quarter was still, all things considered, not bad. But first quarter was