--- title: "Understanding the Market | Interest Rate Hike Expectations Raise, Hong Kong Real Estate Stocks Decline, SHK PPT Drops Over 4%, HANG LUNG PPT Drops Over 3%" type: "News" locale: "en" url: "https://longbridge.com/en/news/286709300.md" description: "Hong Kong property stocks generally fell. As of the time of writing, SHK PPT dropped 4.14% to HKD 136.7; HANG LUNG PPT fell 3.72% to HKD 8.29; HYSAN DEV decreased by 3.21% to HKD 18.99; WHARF REIC declined 2.45% to HKD 25.44; SINO LAND dropped 2.69% to HKD 12.32. On the news front, U.S. inflation pressures surged, and the market began to price in interest rate hikes. In terms of geopolitical situation, Trump threatened on the 17th that if Iran did not act swiftly, it \"would have nothing.\" International oil prices remain high. Additionally, with the new leadership of Waller, the market is concerned that the Federal Reserve may only lock in rates without cutting them in the future, as both U.S. CPI and PPI data have significantly exceeded expectations. The yield on the 10-year U.S. Treasury bond exceeded 4.5%, and the 30-year yield surpassed 5%. Boston Federal Reserve Bank President Collins previously warned that if inflation pressures in the U.S. expand in the coming months, the Federal Reserve may need to raise interest rates. According to the CME Group's \"FedWatch,\" the market currently estimates that the Federal Reserve may raise rates as early as December this year, with a probability close to 51%; by January 2027, the probability of a rate hike is about 60%" datetime: "2026-05-18T03:36:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286709300.md) - [en](https://longbridge.com/en/news/286709300.md) - [zh-HK](https://longbridge.com/zh-HK/news/286709300.md) --- # Understanding the Market | Interest Rate Hike Expectations Raise, Hong Kong Real Estate Stocks Decline, SHK PPT Drops Over 4%, HANG LUNG PPT Drops Over 3% According to Zhitong Finance APP, Hong Kong real estate stocks generally fell. As of the time of publication, Sun Hung Kai Properties (00016) dropped 4.14% to HKD 136.7; Hang Lung Properties (00101) fell 3.72% to HKD 8.29; Hysan Development (00014) decreased 3.21% to HKD 18.99; Wharf Real Estate Investment Company (01997) declined 2.45% to HKD 25.44; Sino Land (00083) dropped 2.69% to HKD 12.32. On the news front, U.S. inflation pressures surged, and the market began to price in interest rate hikes. In terms of geopolitical situation, Trump threatened on the 17th that if Iran did not act quickly, "they will have nothing." International oil prices remain high. Additionally, with Waller taking office, the market is concerned that the Federal Reserve may only lock in rates without cutting them in the future, as both U.S. CPI and PPI data significantly exceeded expectations. The yield on the 10-year U.S. Treasury bond surpassed 4.5%, while the 30-year yield exceeded 5%. Boston Federal Reserve Bank President Collins previously warned that if inflation pressures in the U.S. expand in the coming months, the Federal Reserve may need to raise interest rates. According to the CME Group's "FedWatch," the market currently estimates that the Federal Reserve may raise rates as early as December this year, with a probability close to 51%; by January 2027, the probability of a rate hike is about 60% ### Related Stocks - [00014.HK](https://longbridge.com/en/quote/00014.HK.md) - [00016.HK](https://longbridge.com/en/quote/00016.HK.md) - [01997.HK](https://longbridge.com/en/quote/01997.HK.md) - [00083.HK](https://longbridge.com/en/quote/00083.HK.md) - [00101.HK](https://longbridge.com/en/quote/00101.HK.md) - [00010.HK](https://longbridge.com/en/quote/00010.HK.md) - [CME.US](https://longbridge.com/en/quote/CME.US.md) - [80016.HK](https://longbridge.com/en/quote/80016.HK.md) ## Related News & Research - [6 bids for Hong Kong land sale signal renewed confidence despite market caution](https://longbridge.com/en/news/286566579.md) - [Buyers flock to SHKP project in New Territories as home market outlook brightens](https://longbridge.com/en/news/286641185.md) - [Stock + Option Selling Myth: More Premium Does Not Always Mean a Better Trade](https://longbridge.com/en/news/286649178.md) - [The Outlook for Abundant Cocoa Supplies Weighs on Prices](https://longbridge.com/en/news/286592198.md) - [Grading Powell’s Fed: Good for stocks, bad for affordability](https://longbridge.com/en/news/286605574.md)