The fundamentals of Hong Kong’s real estate sector are strengthening. Citi’s top picks are Sun Hung Kai Properties (00016.HK), CK Asset Holdings (01113.HK), and Swire Properties (01972.HK).
Citi published a report on Hong Kong property stocks, noting that earnings for the fiscal year 2025 will benefit from reduced interest costs. The bank also views listed companies’ guidance for the fiscal year 2026 as highly encouraging: predictable returns on property sales deposits driven by years of rising home prices, prime office buildings benefiting…