More Hong Kong companies say business impacted by mass protests

[karlmarx]

Interesting insights from karlmarx regarding the situation in HK. 

It seems in another SCMP article, land seizure has already been suggested.

"The Communist Party mouthpiece People’s Daily and its more strident offshoot Global Times inveighed Hong Kong’s developers and their vested interests as the “cause” of why many disaffected youth are rampaging through the city’s streets. In strongly-worded commentaries, the newspapers urged Hong Kong’s government to seize land from the developers and turn them into public housing. The papers specifically endorsed a proposal by the pro-Beijing political party DAB to use the Lands Resumption Ordinance, a law that traces its roots to 1924 during Hong Kong’s days as a British colony, to obtain the land."

Read more : https://www.scmp.com/business/article/30...d-reserves?

My interest was in HK Land was piqued recently by a few financial blogs but now, I am having second thoughts.

HK Land is not without merit. It has a portfolio of very good commercial properties on Hong Kong Island. It has very low gearing. It has been consistent in its dividend distribution, which despite being only half of its earnings, is presently yielding about 4% on share price. Compared to some of the higher geared REITs, HKL looks like a safer, albeit lower-yielding proposition. Furthermore, its share price are at 1/2 year lows.

Drawing on these data, which can be easily accomplished by spending a few hours on HKL's annual reports, it is easy to arrive at a conclusion that HKL is an 'okay' investment proposition. Is it? I don't know. It may well bring investors the returns that they seek. 

Personally, I think there are safer ways to make a 4% yield, in addition to capital appreciation.