Hong Kong Stock Market Update | Hong Kong property stocks rise, HENDERSON LAND up more than 4%, March new home sales volume in Hong Kong expected to reach a 26-year high

Zhitong
2024.03.21 03:09
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Hong Kong property stocks are rising, with significant gains in stocks such as HENDERSON LAND, CK ASSET, and NEW WORLD DEV. It is expected that the transaction volume of new properties in the Hong Kong property market in March will reach a 26-year high, with a significant increase in interest from mainland buyers in purchasing properties in Hong Kong. Trading in the property market remains at a relatively high level, with excellent performance in the sales of new properties. Although property prices may stabilize in the short term, the high level of new supply inventory may lead to another decline in property prices in the future