U.S. Home Prices Rise at Lowest Level This Year in Cooler Sign for Hot Market

WSJOct 29 09:09 ET

CK Asset: Maintaining the prediction of a 5-10% drop in Hong Kong property prices, the luxury housing market will remain stable.

Li Wanyin, head of the Hong Kong research department at Gaoli, still maintains the forecast of a 5%-10% reduction in Hong Kong's annual property prices, and also expects property prices to remain stable in 2025. The future trend will be influenced by the pace of interest rate cuts, and if the pace of interest rate cuts is slow, Hong Kong property prices may come under further pressure.

Zhitong FinanceOct 29 04:36 ET

[Brokerage Focus] HSBC Research expects Hong Kong residence prices to stabilize in the second half of the year, bullish on New World (00016) and others.

Golden Finance News | HSBC Global Research suggests that Hong Kong residence prices are expected to stabilize in the second half of 2024, rise by 5% in 2025, reversing the downward trend since 2022. Despite a cumulative 7% decline in property prices this year, there has been a moderate increase in the past three weeks. The bank points out that October's real estate trade volume has shown good growth, with strong sales of new projects mainly benefiting from the return of local buyers and investors in Hong Kong. Interest rate cuts and bullish policies are promoting the recovery of the real estate market, with positive wealth effects expected. The bank is bullish on shk ppt (00016), believing that Sun Hung Kai Properties is one of the key companies that can benefit from the recovery. Due to

Jingwu Financial NewsOct 28 23:31 ET

Sun Hung Kai Properties' Unit to Issue $10 Billion Debt Instruments

MT NewswiresOct 23 04:33 ET

Market Chatter: CK Asset-MTR Joint Development Prices Apartments 2% Higher

MT NewswiresOct 21 06:52 ET

[Brokerage Focus] CICC pointed out that the policy address provided limited support for Hong Kong real estate, but it will have a positive long-term impact on the industry.

King's Financial News | CICC released research reports, stating that the Chief Executive of Hong Kong has just announced the 2024 Policy Address, introducing population, economic, and housing policies favorable to the real estate industry. Although these incremental policies may be limited in scope and may disappoint some market participants to a certain extent, the reality is that the Hong Kong government does not have a lot of room for policy relaxation. Policy initiatives to attract talent and promote the economy may be the best outcome the industry can expect. The firm believes that these policies will have a positive impact on the real estate industry over time, especially for companies focused on community retail like Link and other house rental companies like N

Jingu Finance NewsOct 17 21:51 ET