HSBC Global Research issued a research report believing that the worst cycle for Hong Kong's real estate market is now over. NEW WORLD DEV (00017.HK) +0.070 (+1.087%) Short selling $24.79M; Ratio 24.210% (NDVLY.US) successfully refinanced $88 billion, alleviating investors' concerns about potential ripple effects in the property market, such as price competition at new projects. Furthermore, recent activity in the office sector in Central has brought positive surprises, including Jane Street leasing 70% of a new large-scale building in Central (six floors) and HKEX (00388.HK) -10.000 (-2.342%) Short selling $354.78M; Ratio 8.476% purchasing nine floors of Once Exchange Square.Related NewsM Stanley Lays Out Latest Focus List in HK Mkt (Table)HSBC Global Research forecasted that Hong Kong property prices will rise by 2% in 2025 and another 3% in 2026, with primary home sales volume expected to increase by 7% YoY to 18,000 units in 2025. Meanwhile, the broker anticipated that developers' prospects will also improve. The reasons for the improvement include lower borrowing rates should improve developers' DPS and EPS outlook, etc..(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)