Vanguard Global Ex-US Real Estate

New World Development Leases Art Square Building to JPMorgan

HSBC Properties Hangzhou IFC Delivers First Office Building and Welcomes Initial Tenants

New World Development Reports Significant Growth in Semi-Annual Basic Profit

BofA Securities Raises Sun Hung Kai Properties Target Price to HKD 145

UOBKH Maintains Hold Rating on New World Development and Ups Revisions

New World Development Reports Strong Mid-Year Profits with 17% Increase in Basic Earnings

BOA Securities Raises Prospects and Target Price for Sun Hung Kai Properties

Citi Raises New World Development's Target Price to HKD 168

Goldman Sachs Raises New World Development's Target Price to HKD164

SHK PPT released FY2026 Q1 earnings on February 26 (BJT), actual revenue HKD 26.35 B, actual EPS HKD 1.768

Hong Kong New Property Market Records Highest Handover Volume in February

New World Development reports HK$10.25 billion net profit for first half of the year

SHK PPT released FY2026 Q2 earnings on February 26 Pre-Market (BJT), actual revenue HKD 26.35 B, actual EPS HKD 1.768

SHK PPT released FY2026 Semi-Annual Earnings on February 26 Pre-Market (BJT), actual revenue HKD 52.71 B (forecast HKD 52.71 B), actual EPS HKD 3.5361 (forecast HKD 3.54)

New World Development Completes Rail Station Top Project, UBS Rents One Building

UOB Kay Hian downgrades Sino Land's rating to hold

New City Square's Spring Festival Activities Boost Merchant Sales

New World Development's Xisha Residential Short-Term Profitable Transactions

JPMorgan Raises Rating and Target Price of Sun Hung Kai Properties, Sees Positive Outlook for Hong Kong Property Market

Sino Land to Release Q4 Earnings Report on February 26

bioAffinity Tech

Firefly Neuroscience

Silvaco

eLong Power

T-REX 2X Long UPXI Daily Target ETF

Polaryx Therapeutics

TCW Strategic Income Fund, Inc.

Stak

iSpecimen

Oruka Therapeutics

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JP Morgan's research report indicates that the bank will become the first major office tenant of the West Kowloon Art Park under New World Development, expected to move in by 2028. This move marks West Kowloon as a new financial center and may accelerate the pre-leasing progress of IGC, which is expected to increase New World's rental income by 4.3%. The office rent for IGC is expected to be HKD 50 per square foot, while retail rent is HKD 100, contributing 2.7% to New World's profits once fully leased

AASTOCKS

GF CSI All Share Financials ETF

SHK PPT

ChinaAMC CSI All Share Real Estate ETF

FlexShares Glbl Quality Real Estate ETF

SPDR Dow Jones Global Real Estate ETF

Hwabao WP CSI 800 Real Estate ETF

China Southern CSI All Share Real Estate ETF

JPMorgan Chase

Real Est Select Spdr

Yinhua CSI Interior Real Estate Theme ETF

iShares US Real Estate ETF

Defiance Daily Target 2X Long JPM ETF

iShares Global REIT

Schw Us Reit

Vanguard Real Estate ETF

iShares Residential and Multisector Real Estate ETF

WisdomTree New Economy Real Estate Fund

According to JPMorgan's estimate, the full leasing of West Kowloon IGC could lead to a 4.3% increase in New World Development's rental income

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Hong Kong stocks ADR are expected to open 1 point higher on Monday, reporting 25,467 points. The relative stock prices and the premium situation of Hong Kong stocks to the American Depositary Receipts are as follows: CKH HOLDINGS HKD 57.686 (premium 0.98%), CLP Holdings HKD 73.908 (premium -0.42%), Hong Kong and China Gas HKD 7.232 (premium 3.15%), Wharf Real Estate Investment HKD 23.012 (premium 3.34%), HSBC HOLDINGS HKD 122.401 (premium 0.08%), POWER ASSETS HKD 61.209 (premium 0.80%), PCCW HKD 6.036 (premium -0.27%), HENDERSON LAND HKD 30.385 (premium 1.69%), SHK PPT HKD 130.792 (premium -0.30%), NEW WORLD DEV HKD 7.984 (premium 15.98%), SWIRE PACIFIC A HKD 85.708 (premium -0.48%), BANK OF E ASIA HKD 13.327 (premium 2.50%), GALAXY ENT HKD 39.48 (premium -7.65%), HANG LUNG GROUP HKD 9.173 (premium -0.03%), GEELY AUTO HKD 19.118 (premium -8.99%), CITIC HKD 10.614 (premium 6.65%), Cathay Pacific Airways HKD 12.445 (premium -0.92%)

Galaxy Entertainment Group

SWIRE PACIFIC A

CITIC

HKT-SS

BANK OF E ASIA

PCCW

Hang Seng Index

CKH HOLDINGS

HANG LUNG GROUP

POWER ASSETS

HSBC HOLDINGS

HENDERSON LAND

NEW WORLD DEV

GEELY AUTO

GALAXY ENT

FL2 CSOP HSI

TRACKER FUND

Hong Kong stocks ADR expect the Hang Seng Index to open 1 point higher on Monday, reporting at 25,467 points

JPMorgan Chase has signed a 10-year lease for approximately 250,000 sq ft in Sun Hung Kai Properties' new office towers in West Kowloon, Hong Kong, becoming the anchor tenant of the 700,000 sq ft mixed-use development. The Artist Square Towers (AST) will house the bank's Kowloon office starting in late 2028, while it retains its Central office. The project, targeted for completion in 2027, includes three towers with premium office and retail space, enhancing the area as a cultural hub. This lease is one of the largest office deals in Hong Kong this year, despite high vacancy rates in Kowloon East.

SCMP

JPMorgan signs up as anchor tenant for SHKP’s West Kowloon office development

The Hong Kong property market is warming up, and owner Florence has made a profit of over HKD 1 million through short-term trading of new homes within 8 months. She purchased the Sai Kung Sierra Sea project for HKD 6.95 million and later sold it for HKD 8.33 million. A report from Centaline Property indicates that similar short-term trading activities have increased recently, with returns reaching as high as 40%. Real estate experts predict that the Hong Kong property market will see an increase of over 15% in the coming year. Although short-term trading has returned, experts believe the market is still in the recovery phase, and professional property speculators have not yet emerged

腾讯新闻 - 财经

Earned a million in 8 months! The recovering Hong Kong property market sees a resurgence in short-term trading

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Sun Hung Kai Properties (OTCMKTS:SUHJY) share price has crossed above its 200-day moving average of $13.61, reaching a high of $18.48 before last trading at $17.90. Analysts have upgraded the stock from a "hold" to a "strong-buy" rating, with an average rating of "buy" from three analysts. The company, a major Hong Kong real estate developer, has a current ratio of 11.96 and a low debt-to-equity ratio of 0.15. Despite the positive outlook, it was noted that Sun Hung Kai Properties was not among the top recommended stocks by analysts.

Market Beat

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SUNLIGHT REIT

Sun Hung Kai Properties (OTCMKTS:SUHJY) Share Price Crosses Above 200 Day Moving Average   - Here's What Happened

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The situation in Iran is tense, with oil prices surpassing $100, leading to a drop of 353 points in the Hang Seng Index, closing at 25,545 points, with a turnover of HKD 123.3 billion. Technology stocks performed poorly, with Alibaba and Tencent falling by 2.32% and 1.26%, respectively. Real estate stocks were under pressure, with New World Development, CK ASSET, Henderson Land, and SINO LAND declining by 3.1%, 3.2%, 3.4%, and 4.1%, respectively

香港 01

CK ASSET

TST PROPERTIES

SINO LAND

Tencent Holdings Limited

iShares US Oil & Gas Expl & Prod

FI2 CSOP HSI

Tortoise N Americ Pipe

F SAMSUNG OIL

China Southern Crude Oil Fund-A

ISHRS S&P Glb Engy

KraneShares 2x Long BABA Daily ETF

SPDR O&G Ex & Prd

VanEck Oil Services ETF

United States Oil Fund LP

TENCENT

Alibaba

Tencent

BABA-W

Iran Situation | Oil prices remain high, Hang Seng Index drops over 300 points, property stocks under pressure, Sino Land falls over 4%

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Competition for bids in the four primary property sectors has reached its closest margin in over three years, indicating a more stable market in 2026. Investment bidding activity in commercial real estate remains strong, suggesting a shift towards a balanced landscape for buyers and investors. The convergence in bidding competitiveness highlights increased demand and potential opportunities for transactions, signaling promising prospects for property investments in 2026.

Unusual Whales

SPDR Dow Jones REIT ETF

Global investor bidding activity converges across property sectors

Xu Kezhi, Senior Regional Sales Director of Zhongyuan Real Estate in Ma'anshan, stated that the secondary market for the new project SIERRA SEA in Xisha is thriving, with approximately 12 secondary transactions recorded this month. Among them, Unit G on the low floor of Block 2 in Phase 1B was sold for HKD 5.75 million, with a usable area price of HKD 12,980. The original owner purchased it for about HKD 4.37 million in May 2025, held it for about 10 months, and now has made a profit of HKD 1.38 million, with the unit appreciating approximately 31.6%

"Sierra Sea" two-bedroom sold for HKD 5.75 million, appreciating nearly 32% in ten months

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Citigroup released a research report, reassessing Hong Kong real estate stocks, believing that the potential decline in real interest rates is beneficial for asset prices, and that the overseas business exposure of listed property companies is limited. The Hong Kong residential market is in a net absorption state, with local and mainland demand surpassing residential completion volumes. Recently, real estate stock prices have adjusted due to profit-taking, which is contrary to the fundamentals. The top picks for real estate stocks are Sun Hung Kai Properties, CK Asset, SWIRE PROPERTIES, and Hongkong Land

SWIREPROPERTIES

Citi stated that the pullback in property stocks is diverging from the fundamentals, with New World Development, CK Asset, and Swire Properties as top picks

This month, SIERRA SEA recorded 11 transactions, including a three-bedroom unit sold for HKD 8.84 million, with a practical price per square foot of approximately HKD 14,958. The buyer is a property upgrader from outside the area who entered the market due to a preference for the estate's environment. The original owner purchased the property for HKD 6.816 million in May 2025, holding it for about 10 months, realizing a profit of approximately HKD 2.024 million, with the property appreciating by about 29.7%

"Sierra Sea" recorded 11 transactions this month, with three-bedroom units selling for HKD 8.84 million, a 30% increase compared to ten months ago

The ongoing war in the Middle East is threatening the anticipated recovery of the real estate sector, which has been struggling since the disruption caused by Russia's invasion of Ukraine. Investors are concerned about the uncertainty created by the conflict, which may delay the market's rebound. The situation is reminiscent of previous geopolitical tensions that impacted global markets, and investors are closely watching for developments that could stabilize the market and encourage real estate investments.

CoinLive

War in Middle East Threatens Real Estate Recovery

National Storage REIT has informed noteholders of its A$300 million guaranteed exchangeable notes about a change of control due to its acquisition by a Brookfield- and GIC-backed consortium. This will temporarily lower the exchange price of the notes, creating a limited opportunity for noteholders to convert into stapled securities. Those who miss the exchange deadline will receive a cash alternative. If 85% of the notes are exchanged, the issuer may redeem the remaining notes, accelerating the funding instrument's wind-up. The current analyst rating for (AU:NSR) is Hold with a price target of A$2.80.

Tip Ranks

Brookfield Asset

Brookfield

National Storage REIT

National Storage warns noteholders on tight conversion window amid Brookfield-GIC takeover

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Citigroup released a research report detailing the investment ratings and target prices for Hong Kong property stocks. Wharf Holdings was rated as sell, with a target price of HKD 18.3; Henderson Land, HYSAN DEV, SHK PPT, SINO LAND, HANG LUNG PPT, KERRY PPT, FORTUNE REIT, CK ASSET, SWIREPROPERTIES, and WHARF REIC were all rated as buy, with target prices of HKD 30, HKD 24.3, HKD 168, HKD 14.2, HKD 11.2, HKD 23.2, HKD 5.56, HKD 54.55, HKD 23.8, and HKD 30.3 respectively; MTR CORPORATION and CHAMPION REIT were rated as sell, with target prices of HKD 24.5 and HKD 2.03

HYSAN DEV

WHARF HOLDINGS

SINO HOTELS

WHARF REIC

KERRY PPT

HARBOUR CENTRE

FORTUNE REIT

HANG LUNG PPT

MIRAMAR HOTEL

CHAMPION REIT

HENDERSON INV

GREENTOWN CHINA

MTR CORPORATION

"Major Banks" Citigroup's Investment Ratings and Target Prices for Hong Kong Real Estate Stocks (Table)

Vanguard Global Ex-US Real Estate(VNQI.US)

According to JPMorgan's estimate, the full leasing of West Kowloon IGC could lead to a 4.3% increase in New World Development's rental income

Hong Kong stocks ADR expect the Hang Seng Index to open 1 point higher on Monday, reporting at 25,467 points

JPMorgan signs up as anchor tenant for SHKP’s West Kowloon office development

Earned a million in 8 months! The recovering Hong Kong property market sees a resurgence in short-term trading

Sun Hung Kai Properties (OTCMKTS:SUHJY) Share Price Crosses Above 200 Day Moving Average - Here's What Happened