LINK REIT (00823.HK) 0.000 (0.000%) Short selling $23.67M; Ratio 6.714% announced its full-year results today (27th). Group CEO George Hongchoy confessed that Hong Kong's retail market has been sputtering for quite some time, and the company's strategy is to drive foot traffic and tenants' sales by fueling up occupancy rates. According to its results, LINK REIT's Hong Kong retail portfolio sustained an occupancy rate of 97.8% as of the end of March 2025.Hongchoy also mentioned that the trend of Hong Kong residents shopping across the border is a structural shift. While LINK REIT will work with tenants and adjust the tenant mix to meet consumer needs, a rebound to the levels seen in 2017-18 is still not anticipatable. Nevertheless, the group's investments in malls in the Greater Bay Area, Shenzhen, and Guangzhou will help offset the negative impact on Hong Kong's retail sector.Related NewsUBS: LINK REIT (00823.HK) DPU Beats; TP Lifted to $44.2LINK REIT's COO Greg Chubb said that the retail market has been full of challenges over the past year, but the group's tenants have outpaced the overall retail market in terms of sales. In his estimates, renewal rents will remain under pressure in the new financial year, and the group is poised to sacrifice renewal rents in the short term to continue supporting tenants in need.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-29 12:25.)