Real Estate Development

CK ASSET

CLP sells two more luxury homes, raising over 950 million HKD in four days for two phases

Longfor's 'Ying Tian' Luxury Property Sells for HKD 362M, Setting New Yearly Record High Price Per Sq Ft in HK

CK Asset Launches New Units at Huizhou Longbo Garden, Over Half Sold to HK Buyers

CLP's Half-Hill Luxury Project 21 BORRETT ROAD Phase II Named Ying Tian, Tender for 16 Units Next Wednesday

UBS Maintains Buy Rating on CK Hutchison, Cites Profit Pressure as Shares Drop 2.8%

CLP Holds AGM: UKPN Sale Approved, Financial Health Confirmed with No Asset Sales Pressure

CLP Holdings Announces Launch of Four New Projects Including Victoria Garden

CK Asset plans to launch new projects including Flora Bay, cites stable market development

Cheung Kong Harbourtlive Hot Sales at Kwun Tong Station

Cheung Kong Holdings expects Hong Kong real estate market to enter a healthy upward cycle

Longi and MTR's Blue Coast Sells High-Price Unit, Sets New Record

Cheung Kong Holdings and MTR Development Project Adjusts Sales Quotation

JPMorgan Raises Rating on Cheung Kong (Holdings) and Downgrades Hang Lung Properties and K11 Properties

Cheung Kong Property and MTR's Kwun Tong South Phase 3B Sells 3 Four-Bedroom Units for Over HKD 110 Million

Morgan Stanley Raises EPS Forecast and Maintains Overweight Rating for Cheung Kong Holdings

Cheung Kong Property Sales Revenue Dips Due to Discounts and Promotions

CLSA Raises Cheung Kong Target Price and Rating to Outperform

HSBC Global Research: Cheung Kong 2025 Fiscal Year Profit Meets Expectations, Dividends Rebound

Goldman Sachs 下调长江实业 2025 年每股盈测

Morningstar Raises Cheung Kong (Holdings) Fair Value Forecast

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BofAS cut target prices for Hong Kong property developers by an average of 9%, citing expected slowdown in primary residential sales momentum and mild property price growth due to US rate hike concerns, mainland ODI regulations, and weak HSI performance. The broker favors cash-rich developers like CK Asset and Sino Land, while maintaining an Underperform rating on New World Development. Additionally, BofAS raised its 2026 Central office rental forecast to 5%-10% YoY, benefiting landlords like SWIRE Properties and Hongkong Land.

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NEW WORLD DEV

SINO LAND

HongkongLand USD

SWIREPROPERTIES

LINK REIT

MTR CORPORATION

HENDERSON LAND

SHK PPT

WHARF HOLDINGS

KERRY PPT

Hang Seng Index

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Wharf Holdings

BofAS Expects Property Price Growth to Slow, Cuts TP on Hong Kong Developers by Avg 9%

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JPMorgan clarifies that State Council's 'No. 837' regulation does not target mainland buyers of Hong Kong properties, as offshore-funded purchases remain permitted. The bank expects the HK property market to remain range-bound due to rising interest rates and HSI weakness, but believes the upcycle will continue. JPM recommends outperformers CK Asset and Sino Land, while advising accumulation of Sun Hung Kai Properties on price weakness.

JPMorgan Chase

Defiance Daily Target 2X Long JPM ETF

YieldMax JPM Option Income Strategy ETF

JPM: State Council No. 837 Not Targeting Mainland Buyers of HK Homes, Expects CK ASSET  and SINO LAND to Outperform in Short Term

CK Asset Holdings, owned by Li Ka-shing, sold a HKD362 million penthouse in Mid-Levels Central for HKD15,870 per square meter, setting a record for first-hand residential transactions this year. The sale reflects strong demand in Hong Kong's ultra-luxury market, with high-end home sales surging amid the city's growth as a global wealth hub.

vnexpress

Hong Kong’s second-richest man Li Ka-shing’s firm sets record with $46M penthouse sale

CK Asset Holdings sold a penthouse at 21 Borrett Road in Hong Kong's Mid-Levels for HK$362 million (US$46.2 million), setting a new per-square-foot record for first-hand transactions this year. The sale reflects strong demand in the ultra-luxury segment, driven by wealth diversification amid global uncertainties and Hong Kong's status as a top cross-border wealth hub. This transaction highlights the resilience of Hong Kong's high-end real estate market despite broader economic headwinds.

SCMP

HYSAN DEV

Savills plc

US$46.2 million penthouse sale in Mid-Levels sets a 2026 record

CK Asset's Grand Jete Phase 2 in Tuen Mun has added five 3-bedroom units for tender sale starting June 15. Each unit is 722 sq ft with one en-suite, storeroom, and separate kitchen. The project has sold 776 units totaling over HKD4 billion.

CK ASSETs Grand Jete Phase 2 Adds 5 3-BD Units for Tender Sale from Jun 15

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Citi argues that concerns over HK government cooling measures are premature, as current price levels remain below historical thresholds for intervention. The bank favors a 'slow bull' market for sustainable recovery and recommends buying SHK PPT, CK Asset, Swire Properties, and Link REIT, citing strong fundamentals and attractive valuations despite near-term volatility.

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Citi: Concerns Over HK Govt Cooling Measures Premature; "Slow Bull" More Constructive; Recommends SHK PPT , CK ASSET , SWIREPROPERTIES  and LINK REIT

JPMorgan reports that China's new outbound investment rules have limited impact on Hong Kong's residential market, as controls focus on corporate ODI rather than individual property purchases. The bank advises buying dips in developer stocks like CK Asset and SHK PPT, citing resilience against potential drops in mainland buyer demand.

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JPM: Mainland's New Outbound Investment Rules Have Limited Impact on HK Home Market, Urges Buying on Dips CK ASSET , SHK PPT , etc.

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CK Group and the Li Ka Shing Foundation will double-match public donations for The Community Chest on Saturday, June 6. For every HKD1 pledged via the hotline during TVB's fundraising program, they will contribute an additional HKD2. This marks their sixth collaboration under this model, supporting funds like the Rainbow Fund.

CK Hutchison Holdings

CKH HOLDINGS

Community Chest Annual Fundraising This Sat: For Every HKD1 Donated by Public, CK Group and Li Ka Shing Foundation to Double Match with HKD2

Citi upgraded its outlook on Hong Kong's non-essential consumer retail sector, citing stabilizing market rents. The bank identified SHK PPT, CK Asset, Swire Properties, and Link REIT as top picks in local property stocks. This recommendation is supported by solid April retail sales growth of 8.6% YoY, stable supermarket performance, and strong online retail momentum. Citi also noted that Link REIT was upgraded to Buy due to rent stabilization and a new capital management strategy.

WHARF REIC

Citi: Top Picks in Local Property Stocks SHK PPT , CK ASSET , SWIREPROPERTIES  and LINK REIT

CK ASSET(01113.HK)

BofAS Expects Property Price Growth to Slow, Cuts TP on Hong Kong Developers by Avg 9%

JPM: State Council No. 837 Not Targeting Mainland Buyers of HK Homes, Expects CK ASSET and SINO LAND to Outperform in Short Term

Hong Kong’s second-richest man Li Ka-shing’s firm sets record with $46M penthouse sale

US$46.2 million penthouse sale in Mid-Levels sets a 2026 record

CK ASSETs Grand Jete Phase 2 Adds 5 3-BD Units for Tender Sale from Jun 15

Citi: Concerns Over HK Govt Cooling Measures Premature; "Slow Bull" More Constructive; Recommends SHK PPT , CK ASSET , SWIREPROPERTIES and LINK REIT

JPM: Mainland's New Outbound Investment Rules Have Limited Impact on HK Home Market, Urges Buying on Dips CK ASSET , SHK PPT , etc.

Community Chest Annual Fundraising This Sat: For Every HKD1 Donated by Public, CK Group and Li Ka Shing Foundation to Double Match with HKD2

Citi: Top Picks in Local Property Stocks SHK PPT , CK ASSET , SWIREPROPERTIES and LINK REIT