Hang Lung Properties (HKG:0101) plans to diversify its choices for tenants and its shoppers amid low consumption in Hong Kong, the South China Morning Post reported Tuesday.

"We always want to bring new ideas and new experiences to our customers," the SCMP quoted Hang Lung Chief Executive Officer Weber Lo.

The builder said it wants to ensure that they are "relevant" and hence plans to put up shopping areas catering to more diverse needs and carefully adjust the tenant mix in its retail spaces, the report said.

Hang Lung's profit declined 46% year over year to about HK$2.1 billion in 2024, the report said.

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