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
FE CONSORT INTL's David Chiu: HK Property Mkt Has Bottomed Out, But Prices Unlikely to Surge
FE CONSORT INTL (00035.HK) has recently announced its annual results. Executive Director, Chairman, and CEO David Chiu described this year's performance as the worst in 20 year...
Reset
Send
The window will close in 5 seconds
FE CONSORT INTL's David Chiu: HK Property Mkt Has Bottomed Out, But Prices Unlikely to Surge
Close
Recommend
3
Positive
5
Negative
6
 
SHORT SELL
 
STOCK INFO

FE CONSORT INTL (00035.HK)  -0.050 (-5.556%)   has recently announced its annual results. Executive Director, Chairman, and CEO David Chiu described this year's performance as the worst in 20 years, mainly due to write-downs and impairments related to the joint development of the Pavilia Forest project in Kai Tak with NEW WORLD DEV (00017.HK)  -0.120 (-2.058%)    Short selling $54.35M; Ratio 19.536%   .

However, Chiu believes that Hong Kong's property market has already bottomed out as interest rates have started to fall while the supply bottleneck in the market remains unresolved. The company’s actual loan interest rates have also dropped sharply compared to last year.

Related NewsCiti Foresees Investors to Cling to High-Yield Stocks; Top Picks LINK REIT/ SHK PPT/ HENDERSON LAND for Developers
He added that he is not pessimistic about the outlook for Hong Kong's property market, though he does not expect property prices to see any significant increase.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)

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.