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<Research>Citi Sees CN Policy Support as Key Catalyst for HK Developers; Top Picks SWIREPROPERTIES, LINK REIT
China's support policies, including those encouraging A-share companies to list in Hong Kong and expanding Connect channels, will solidify Hong Kong's status as a financial...
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<Research>Citi Sees CN Policy Support as Key Catalyst for HK Developers; Top Picks SWIREPROPERTIES, LINK REIT
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China's support policies, including those encouraging A-share companies to list in Hong Kong and expanding Connect channels, will solidify Hong Kong's status as a financial hub and attract capital inflows, which are expected to become a key catalyst for Hong Kong developers, Citi wrote in its research report.

With the decline in Chinese bond yields and the reform of public fund assessments in May, Citi predicted that stocks and index constituents offering higher dividend returns will be favored by southbound capital. The broker's top picks were SWIREPROPERTIES (01972.HK)  +0.060 (+0.306%)    Short selling $1.18M; Ratio 6.868%   , Hongkong Land, and LINK REIT (00823.HK)  -0.350 (-0.824%)    Short selling $3.95M; Ratio 3.209%   , all rated as Buy.

Related NewsCiti: HENDERSON LAND May Retreat in ST; Div. in Spotlight
Citi also cautioned that HENDERSON LAND (00012.HK)  -0.200 (-0.753%)    Short selling $26.37M; Ratio 28.846%   's announcement of issuing convertible bonds may heap short-term pullback pressure on its stock price. That said, the broker still gave it a Buy rating with a target price of HKD25.6.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)

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