Swire Properties Ltd (HKSE:01972)
HK$ 24.3 -0.020 (-0.08%) Market Cap: 139.91 Bil Enterprise Value: 182.09 Bil PE Ratio: 42.41 PB Ratio: 0.52 GF Score: 83/100

Full Year 2021 Swire Properties Ltd Earnings Presentation - Q&A Transcript

Mar 10, 2022 / NTS GMT
Release Date Price: HK$19.8 (+2.59%)
Operator

Thank you, Tim and Fanny for the presentation. We now proceed to the Q&A.

Questions & Answers

Operator

(Operator Instructions) Now I will read out the first question, which is about our investment in Xi'an. Why did you choose Xi'an despite a preference for investment in Tier 1 cities? Did local government invite you to invest?

Timothy Joseph Blackburn
Swire Properties Limited - CEO & Director

Okay. Well, maybe I'll take that one, Fanny. So as I mentioned, we're very excited about this opportunity in Xi'an. Our strategy in the Chinese Mainland has been to look for opportunities in Tier 1 cities and emerging Tier 1 cities, but also to look for locations

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