News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>Citi Expects Optimized Capital Investment Scheme to Drive Continued Outperformance in Ultra-Luxury Housing Mkt; Top Picks LINK REIT/ SWIREPROPERTIES/ SHK PPT
Hong Kong's Chief Executive John Lee has delivered his fourth Policy Address, and his intention to optimize the Capital Investment Scheme is expected to keep the ultra-luxury h...
Reset
Send
The window will close in 5 seconds
<Research>Citi Expects Optimized Capital Investment Scheme to Drive Continued Outperformance in Ultra-Luxury Housing Mkt; Top Picks LINK REIT/ SWIREPROPERTIES/ SHK PPT
Close
Recommend
16
Positive
22
Negative
18
 
SHORT SELL
 
STOCK INFO

Hong Kong's Chief Executive John Lee has delivered his fourth Policy Address, and his intention to optimize the Capital Investment Scheme is expected to keep the ultra-luxury housing market ahead of the curve, according to a Citi research report.

Transactions of properties priced from HKD30 million to HKD50 million accounted for about 1.2% of total deals in 1H25, involving a transaction value of around HKD14 billion.

Related NewsDaiwa: It Is Right Time to Shift Preferences from A-shrs Back to HK Stocks; High-dividend Local Stocks Regain Mkt Attention
The new measures could boost sales of projects such as SHK PPT's (00016.HK)  -0.500 (-0.529%)    Short selling $123.71M; Ratio 17.341%   Victoria Harbour, Cullinan Harbour, and Dynasty Court, SINO LAND's (00083.HK)  +0.110 (+1.090%)    Short selling $49.35M; Ratio 20.066%   St. George’s Mansion, as well as HENDERSON LAND (00012.HK)  +0.420 (+1.512%)    Short selling $199.74M; Ratio 40.694%   and NEW WORLD DEV's (00017.HK)  +0.350 (+4.403%)    Short selling $25.62M; Ratio 9.478%   Bamboo Grove (Hysan), 8 Castle Road.

The report also highlighted measures aimed at encouraging the conversion or redevelopment of offices and hotels into student housing. For offices, Citi believes that converting Grade B buildings (such as SINO LAND's HK Pacific Centre, Sino Plaza, Future Plaza; SUNLIGHT REIT (00435.HK)  -0.050 (-2.183%)    Short selling $154.70K; Ratio 2.482%   ; CMC REIT (01503.HK)  0.000 (0.000%)   ) or Grade C buildings would be more cost-effective, while the feasibility of converting Grade A properties is relatively low.

Citi’s top picks were LINK REIT (00823.HK)  -0.480 (-1.163%)    Short selling $58.99M; Ratio 6.243%   , SWIREPROPERTIES (01972.HK)  0.000 (0.000%)    Short selling $12.16M; Ratio 9.642%   , and SHK PPT. It was also positive on HANG LUNG PPT (00101.HK)  -0.040 (-0.449%)    Short selling $37.75M; Ratio 31.089%   , particularly for its retail portfolio in China and its Hangzhou mall.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-19 16:25.)

Related NewsUBS: Developers May Be Pressured as Policy Address Doesn't Announce Residential Stamp Duty Cut, but HENDERSON LAND May Outperform Peers

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.