Hang Lung Properties Ltd., Hong Kong's fourth-largest developer by market value, said first-half profit rose 42 percent, as rising demand in China boosted property values and allowed it to charge higher rents, Bloomberg reported. Net income rose to HK$2.29 billion (US$290 million), or 59.2 Hong Kong cents a share, in the six months ending Dec. 31 from HK$1.62 billion, ...