MBHLAND@EC2703A

Henderson Land’s and Others Jointly Developed Red 磡 Sail Phase 3 Round 1 Sales Fully Subscribed

Kowloon Bay Peninsula's Taian Spring Luxury Unit Sold at HKD46,674 per SQFT, Setting New Record

Kowloon East Shore Phase 3 Real Estate Project Successfully Sells Out 130 Units

Sun Hung Kai's Yim Mok Phase 2 Sales Launch Proves Successful with Immediate Price List Release

Morgan Stanley Predicts Rise in Sun Hung Kai Properties' Stock Price

Henderson Land's Tung Lo Wan Road Redevelopment Project Yimi Phase 2 Draws Over 28 Times Subscriptions

The Knightsbridge Sells Two Units for Over HK$117 Million

Henderson Mok Lee Yue Phase 2 Sales Exceed Subscription 22 Times

'Yi Mu' Phase 2 Exceeded Subscription by Nearly 19 Times

Henderson's The Knightsbridge Sells Five Luxury Units in Two Days

Henderson Mok Yue Phase 2 Oversubscribed 9 Times

Morgan Stanley Upgrades Hong Kong Property Market Forecast and Henderson Land Target Price

Morgan Stanley Upgrades Hong Kong Property Stocks Ratings

Henderson Land Launches Sales for Phase 3 of Large Redevelopment Project

Henderson's Park Peninsula Project The Knightsbridge Sells Three Mansions for Nearly HKD 140 Million

Sun Hung Kai's Evo Bay Phase II Launches Brochure Today

Henderson's Kowloon Bay Development Phase 1 Sold Out

Henderson Land's Tou Waa Wan Yee Muk Phase 2 Plans to Launch Soon

HSBC Research Notes Solid Property Sales Performance and Expected Profit Margin Improvement for Henderson Land

REF HOLDINGS

KANGLI INT HLDG

JY GRANDMARK

GANGLONG CHINA

EDICO HOLDINGS

SHING CHI HLDGS

KWONG MAN KEE

JIN MI FANG GP

ZHONGKE GROUP

CH DEMETER FIN

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Henderson Land Development has secured Hong Kong's first biodiversity loan, approximately HK$100 million (US$12.8 million) from HSBC and Hang Seng Bank, for green initiatives at Central Yards. This loan aims to create a scalable model for sustainability and enhance Hong Kong's status in sustainable finance. Funds will support the establishment of an urban forest and biodiversity monitoring. The project includes over 400 trees and 280 plant species, with Central Yards featuring 300,000 sq ft of green space. The first phase is set to open in 2027, with strong leasing interest from multinational companies.

SCMP

HENDERSON INV

HENDERSON LAND

HSBC HOLDINGS

HSBC Holdings Plc

Jones Lang Lasalle

HSBC 5xShortSG241213

HSBC

Hong Kong’s first biodiversity loan goes to Henderson Land for Central Yards

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Hong Kong's property market is experiencing a bullish trend, with homebuyers rapidly purchasing new flats. On Saturday, all 154 units at Sun Hung Kai Properties' Lime Spark project sold out, and 93% of the 158 flats at Henderson Land's Highwood Phase 2 were sold. Home prices have risen nearly 8% this year, prompting buyers to act quickly. April saw a surge in property transactions, reaching a four-month high, with 8,692 deals and a total sales value of HK$72.9 billion. Morgan Stanley has raised its home price forecast for Hong Kong from 10% to 12%.

SHK PPT

WANG ON PPT

Morgan Stanley

HYSAN DEV

CI FIN TECH GP

SHK PPT-R

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Hong Kong home market maintains upwards momentum as new flats snapped up

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One Victoria Cove Phase 3 in Hung Hom, co-developed by HENDERSON LAND, HYSAN DEV, and Empire Group, will launch 130 units for sale starting this Sunday. The discounted prices start from HKD6.9851 million, with a price per sq ft beginning at HKD20,383. Registration for the first sales round closes at 6 pm this Friday.

AASTOCKS News

China Southern CSI All Share Real Estate ETF

ChinaAMC CSI All Share Real Estate ETF

Hwabao WP CSI 800 Real Estate ETF

One Victoria Cove Phase 3 in Hung Hom to Launch 130 Units on Sun; Discounted Price from HKD20,383 per sq ft

Henderson Land's Highwood Phase 2 in To Kwa Wan has received around 2,350 subscriptions, making it 15 times oversubscribed. The first price list offers 150 units for sale, with additional units expected to be launched based on market response, leading to potential price adjustments. The stock is currently trading at +4.420% with significant short selling activity.

Highwood Phase 2 in To Kwa Wan Receives ~2,350 Subscriptions, 15x Oversubscribed

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HSBC Research reports that Hong Kong's primary residential sales are resilient, with April transactions reaching 2,500 units, 25% above the monthly average. The firm anticipates a seven-year high in transaction volume and expects upward revisions in earnings forecasts for developers due to margin expansion. HSBC favors SHK PPT, Henderson Land, and Sino Land, all rated Buy, with target prices of HKD150.6, HKD35.8, and HKD14.4 respectively. Improved demand is expected to enhance pricing power for new projects in the coming months.

SINO LAND

HSBC Research: HK Developers' Pricing Power Rebounds, Favors SHK PPT , HENDERSON LANDand SINO LAND

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One Victoria Cove Phase 3 in Hung Hom has launched 30 additional units with discounted prices starting from HKD7.3364 million. Co-developed by Henderson Land, Hysan Development, and Empire Group, the new price list includes units ranging from HKD7.3364 million to HKD15.8594 million, with prices per square foot between HKD20,383 and HKD22,949. The available layouts consist of 16 two-bedroom and 14 three-bedroom units.

HANG LUNG PPT

One Victoria Cove Phase 3 in Hung Hom Launches 30 More Units, Discounted Price From HKD7.3364M

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Hong Kong property shares surged, leading market gains alongside technology stocks, following Morgan Stanley's upgraded forecast for home prices. A builders' gauge rose by 2.7%, with Henderson Land Development climbing 6% after being upgraded to overweight. Morgan Stanley increased its home price growth estimate for this year to 12% and expects a further 5% in 2027, citing strong demand and declining inventory. The bank also expressed optimism for the office and retail sectors, noting a better-than-expected recovery in fundamentals.

Businesstimes News

HK FERRY (HOLD)

Hang Seng Index

ARTGO HOLDINGS

Hong Kong property shares rally as Morgan Stanley feeds optimism

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Hong Kong homebuyers are actively purchasing new flats, with all 120 units at One Victoria Cove I sold out quickly. Developers are increasing construction due to strong demand, with recent sales reducing unsold inventory to below 20,000 units. New World Development reported over HK$4.8 billion in sales from Pavilia Farm III. The number of private housing units under construction has risen, and the potential supply of new flats is expected to fall below 100,000 units in the next few years. The market recovery has eased pressure on prices, positively impacting overall price increases.

MBHLAND@EC2703A(28932.HK)