Hong Kong Property: Hang Lung Properties CEO Lucas Loh Wei Bo purchases a unit in Fook Wai Mansion, Repulse Bay, for HK$99.2 million.

Raymond Lo, Chief Executive Officer and Executive Director of Hang Lung Group (00010.HK) and Hang Lung Properties (00101.HK), has purchased a unit in Fuk Hoi Mansion in Repulse Bay for HK$99.2 million. Land Registry documents show that Lo acquired the unit this month through Shekinah Glory Ltd. Companies Registry filings indicate that Lo is the sole director of the company. Hang Lung announced in mid-December last year that Lo will retire by August 31, 2026.

AASTOCKSJun 11 17:53

BOCOM International: Hong Kong residential property prices could rise by more than 10%, with a chance of returning to previous highs within two to three years.

The firm maintains its overweight rating on Hong Kong's real estate sector, citing expectations of margin expansion that could lead to upward revisions in earnings forecasts and further valuation upside. It remains positive on local property leader Sun Hung Kai Properties (00016) and maintains a buy recommendation.

Zhitong FinanceJun 11 10:47

JPMorgan: Maintains 'Overweight' rating on Hang Lung Properties (00101 HK) with a target price of HK$12

The bank estimates that the cost yield of the Xihu 66 project is 3.7% (or a net operating income yield of 2.6%), with potential for higher yields if more luxury brands become tenants.

Zhitong FinanceJun 8 15:59 · Ratings

Express News | Ministry of Finance: During the 15th Five-Year Plan period, central government finances will maintain strong support for urban renewal and effectively implement tax incentive policies. (Securities Times)

BreakingsJun 8 10:32

Hang Lung Properties Stock Slides 1.9% in Hong Kong

Dow JonesJun 3 16:33

《Major Brokerage》Bank of America Securities lowers target prices for Sun Hung Kai Properties (00016.HK) and Wharf Holdings (00004.HK), citing policy uncertainty dampening demand for luxury residential properties.

Bank of America Securities issued a report noting that while mainland China's new outbound investment guidelines are not directly targeted at real estate, they could increase the difficulty and delays associated with capital outflows, potentially tightening liquidity in the Hong Kong market and dampening buyers’ price expectations—particularly affecting high-value property transactions. The report expects home price growth to moderate for the remainder of this year, maintaining its full-year forecast of approximately a 10% increase, but considers expectations of a 15% or more aggressive rise unlikely to materialize. In light of this uncertainty, the firm has downgraded the target prices of three Hong Kong property stocks. Sun Hung Kai Properties (00016.HK) has had its target price reduced by 6% to HK$136, reflecting uncertain demand for luxury residential properties.

AASTOCKSJun 3 12:27