Hong Kong bourse sustained its uptrend from the past two days by opening 174 points higher this morning (5th). At one point, it rallied 257 points to reach 23,911. The latest print showed 23,806, up 152 points or 0.6%, with a turnover of HKD116.511 billion.

An agency stated that the sales performance of new property projects in various districts remained promising, cheering up the market. Since May, the HIBOR have radically fallen across the board, with the one-month HIBOR busting below 1% (latest report at 0.7% today), helping to relieve mortgage interest and reduce pressure on banks' funding costs.

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Hong Kong property developers advanced, with HENDERSON LAND (00012.HK)  +0.400 (+1.646%)    Short selling $33.62M; Ratio 14.409%   , on ex-dividend today, was included in the FTSE EPRA Nareit Global Real Estate Index Series, effective after the market closes on June 20 (Friday).

HENDERSON LAND peaked at HKD25.15 this morning (5th) and last stood at HKD24.6, up 5.81%, with a spike in turnover to HKD383 million. Under the same series, HENDERSON INV (00097.HK)  -0.004 (-2.817%)   last posted at HKD0.145, up 15.08%, with a turnover of HKD1.234 million.

Broker China Galaxy foresaw index-tracking funds to purchase up to 1% of HLD's issued share capital, equivalent to about 11 days of ADT over the past 12 months; and more passive funds to buy HLD shares in the coming weeks, pampering the stock price.

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Other major developers and landlords were in good shape too, with LINK REIT (00823.HK)  +0.450 (+1.090%)    Short selling $60.12M; Ratio 8.357%   slightly up 0.6%; SHK PPT (00016.HK)  +0.350 (+0.413%)    Short selling $53.02M; Ratio 10.299%   , NEW WORLD DEV (00017.HK)  +0.060 (+1.307%)    Short selling $4.42M; Ratio 12.300%   , SINO LAND (00083.HK)  +0.050 (+0.621%)    Short selling $23.35M; Ratio 20.741%   , WHARF REIC (01997.HK)  -0.220 (-1.089%)    Short selling $7.02M; Ratio 6.358%   , and KERRY PPT (00683.HK)  +0.640 (+3.490%)    Short selling $46.44M; Ratio 48.209%   up 1.1-1.6%. CK ASSET (01113.HK)  0.000 (0.000%)    Short selling $30.18M; Ratio 11.893%   and SWIREPROPERTIES (01972.HK)  +0.360 (+1.978%)    Short selling $21.62M; Ratio 35.205%   each leaped 2.2% and 2.9%, HYSAN DEV (00014.HK)  +0.540 (+4.000%)    Short selling $50.25M; Ratio 41.536%   shot up 3%, and HANG LUNG PPT (00101.HK)  -0.070 (-1.092%)    Short selling $2.75M; Ratio 3.984%   swelled 4%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.)