JPHLAND@EC2607A

Henderson Land's Central Yards Project Unveils Temporary Pedestrian Passage Connecting Central Pier and International Finance Center

Henderson Land Chairman Outlines Group's Future Five-Year Development Focus, Central Flagship Projects and Green Energy Business to Drive Growth

Henderson Land's Mira Place Implements Innovative Strategies to Enhance Customer Experience

Henderson Land plans to launch Kowloon East Siu Hui after Lunar New Year

UBS Downgrades Hang Lung Properties Rating to Neutral

Taikoo Hill TianYu Phase II Mansion Sold for Over 158 Million HKD

Henderson Land Launches $7 Billion MTN Program

Henderson Land Receives Three Awards at International Property Awards

Henderson's rental rate hits new high as Henderson Land celebrates 50th anniversary

Heng An Development's Phase II of Tien Yu in Midlevels Sold for Over HK$880 Million

DBS analyst maintains buy rating for Henderson Land with a target price of HKD30.35

Hopewell Holdings Stock Breaks Above 50-Day Moving Average

Henderson Land to Launch Redevelopment Project in Red 磡

China Power Dynamic and Henderson Land Collaborate on Sustainable Development Project at MCP

Sun Hung Kai's Central Yards Flagship Project Phase I to Open in 2027

Henderson Property Malls to Broadcast National Games and Offer Discounts

Henderson Land and New World Development's Tian Yu Phase 2 Sold 3 Units with Proceeds of Approximately HK$470 Million

Henderson Land's Woodis Project Second Round Sales Fully Sold Out, Earned HKD 297 Million

Sun Hung Kai Properties' The Knightsbridge Sells Three Units for $160 Million in Two Days

Henderson Land's Woodis Sales Launch Secures 60%

KEEN OCEAN

MS CONCEPT

FULUM GP HLDG

SUMMI

REGAL PARTNERS

PUTIAN COMM

SIWI SCI & TECH

LINEKONG

EPI (HOLDINGS)

NANFANG COMM

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JP Morgan is surprised by the Hong Kong government's increase of over HKD 100 million in luxury property stamp duty, but it is not concerned, believing that this policy will only affect 0.3% of transactions, primarily taxing super-rich individuals to subsidize low-income groups. The additional costs may be offset by rising property prices and could trigger a "fear of missing out" sentiment among buyers. The bank is optimistic about developers such as New World Development, Henderson Land, and Sino Land, as well as rental stocks like Hang Lung Properties and Swire Properties

AASTOCKS

HENDERSON INV

HANG LUNG GROUP

SHK PPT

SINO LAND

TST PROPERTIES

HANG LUNG PPT

SWIREPROPERTIES

FORTUNE REIT

HENDERSON LAND

"Big Banks" JP Morgan: Surprised but not worried about the Hong Kong government's increase of over HKD 100 million in luxury property stamp duty, describing it as a redistribution fiscal policy

HSBC's research report indicates that Hong Kong's property market policies will continue to support the real estate market, and real estate investment trusts may welcome new opportunities. HSBC prefers New World Development, Henderson Land, and Sino Land, all of which are given a "Buy" rating, with target prices remaining unchanged. Although some developers' stock prices have fallen due to the increase in stamp duty, the bank believes this pullback is healthy, with limited impact, primarily aimed at increasing fiscal revenue. Overall policies still support the residential market, improving developers' profit outlook

HSBC Research: The budget proposal has a positive stance on the property market, favoring New World Development, Henderson Land, and SINO LAND

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Hong Kong stocks ADR is expected to open 386 points higher this morning, at 27,152 points. The relative stock prices and the premium of Hong Kong stocks over ADRs are as follows: CKH HOLDINGS HKD 62.113 (-0.18%), CLP HOLDINGS HKD 75.569 (-0.69%), HK & CHINA GAS HKD 7.51 (1.46%), WHARF HOLDINGS HKD 25.19 (3.53%), HSBC HOLDINGS HKD 147.383 (-3.18%), POWER ASSETS HKD 61.41 (-0.18%), PCCW HKD 6.164 (-3.31%), HENDERSON LAND HKD 34.186 (1.15%), SHK PPT HKD 137.918 (-1.10%), NEW WORLD DEVELOPMENT HKD 10.814 (3.01%), SWIRE PACIFIC A HKD 83.196 (-0.48%), BANK OF E ASIA HKD 15.568 (-1.98%), GALAXY ENT HKD 44.278 (-2.25%), HANG LUNG PPT HKD 10.201 (-1.97%), GEELY AUTO HKD 19.107 (-12.86%), CITIC LIMITED HKD 12.305 (0.93%), CATHAY PAC AIR HKD 13.502 (0.36%)

CKH HOLDINGS

SWIRE PACIFIC B

GALAXY ENT

WHARF HOLDINGS

CLP HOLDINGS

WHARF REIC

PCCW

GLORIOUS PPT H

CATHAY PAC AIR

GEELY AUTO

HK & CHINA GAS

PCPD

BANK OF E ASIA

HSBC HOLDINGS

POWER ASSETS

SWIRE PACIFIC A

The Hong Kong stock ADR is expected to open 386 points higher this morning, reporting at 27,152 points

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The Hong Kong stock ADR is expected to open 191 points lower this morning, reporting at 26,891 points. The relative stock prices and the premium situation of Hong Kong stocks to the American Depositary Receipts are as follows: CKH HOLDINGS HKD 63.301 (premium 1.50%), CLP HOLDINGS HKD 77.954 (premium -0.71%), HK & CHINA GAS HKD 7.314 (premium 5.14%), WHARF HOLDINGS HKD 25.164 (premium 4.51%), HSBC HOLDINGS HKD 136.605 (premium -0.52%), POWER ASSETS HKD 59.628 (premium 3.98%), PCCW HKD 6.338 (premium -6.12%), HENDERSON LAND HKD 33.526 (premium 3.20%), SHK PPT HKD 139.536 (premium 0.33%), NEW WORLD DEV HKD 10.708 (premium 1.51%), Swire Properties A HKD 81.588 (premium 0.08%), BANK OF E ASIA HKD 15.552 (premium -0.91%), GALAXY ENT HKD 44.233 (premium -0.98%), HANG LUNG PPT HKD 10.191 (premium 0.28%), Geely Automobile HKD 19.088 (premium -9.94%), CITIC Limited HKD 12.723 (premium -2.46%), CATHAY PAC AIR HKD 12.957 (premium -0.90%)

NEW WORLD DEV

HKT-SS

The Hong Kong stock ADR is expected to open 191 points lower this morning, reporting at 26,891 points

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Recently, a client of Li Ka Group Real Estate purchased a two-bedroom unit at Belgravia Place in Sham Shui Po for HKD 6.4 million. The buyer is a first-time homebuyer who decided to switch from renting to buying due to rising rents. The unit has a usable area of 336 square feet, offers an open view, is close to the MTR station, and the property price is affordable. The owner purchased it in 2024 for HKD 5.829 million and is now reselling it for a profit of over HKD 570,000

ChinaAMC CSI All Share Real Estate ETF

GF CSI All Share Financials ETF

MIDLAND HOLDING

China Southern CSI All Share Real Estate ETF

Yinhua CSI Interior Real Estate Theme ETF

Hwabao WP CSI 800 Real Estate ETF

Users of "Hong Kong Property" are determined to "rent to buy," spending HKD 6.4 million to purchase a two-bedroom unit at Belgravia Place in Sham Shui Po

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JP Morgan released a research report, updating the investment ratings and target prices for several real estate stocks. The rating for SHK PPT was upgraded from Neutral to Overweight, with the target price raised from HKD 109 to HKD 162; CK ASSET maintained a Neutral rating, with the target price increased from HKD 41 to HKD 48.5; HENDERSON LAND maintained an Overweight rating, with the target price raised from HKD 33 to HKD 39; NEW WORLD DEV maintained a Neutral rating, with the target price increased from HKD 9.5 to HKD 10.7; SINO LAND maintained an Overweight rating, with the target price raised from HKD 12.5 to HKD 14.5

CK ASSET

"Major Banks" JP Morgan's Investment Ratings and Target Prices for Real Estate Stocks (Table)

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Financial expert Kwan Cheuk-Chiu suggests that if one has HKD 1 million, they should choose to buy stocks rather than invest in the property market. He is optimistic about local real estate stocks such as Henderson Land and CK Asset, believing that even with reduced dividends, the dividend yield can still reach over 5%. In terms of bank stocks, he recommends Standard Chartered, considering its upside potential to be better than HSBC. Regarding U.S. stocks, Kwan is optimistic about optical communication and storage chip stocks, viewing them as beneficiaries of investments from tech giants. In the overall portfolio, real estate and bank stocks account for 40%, tech stocks for 35%, and the remaining 15% can be invested in money market funds

- The article discusses investment strategies if one has 1 million HKD, recommending stocks over property due to relatively low amounts.  
- It emphasizes investing 40% in local real estate and banking stocks, 35% in US tech companies related to AI infrastructure, and 10% in gold, while keeping 15% flexible for cash management.  
- The author believes Alphabet is the new leader in AI investments, and advises caution against leveraging in gold investments.

Stheadline

Hwabao WP CSI Banks ETF

China Southern CSI Banks ETF

China Merchants CSI BANK AH Price ETF

STANCHART

ChinaAMC CSI Banks ETF

WP CSI Banks ETF

Huaan CSI Banks ETF

Fullgoal CSI 800 Banks ETF

Having 1 million in capital to buy stocks is better than buying property. Kwan Cheuk Chiu is optimistic about bank and real estate stocks, with a 15% bet on an AI stock | Million-dollar portfolio

The recent rebound in the property market has raised doubts. Despite a good trend in property prices over the past year and a recovery in buyer confidence, the Centaline City Leading Index (CCL) recently reported 149.4 points, an increase of 1.5% in a single week, marking the largest weekly increase in three years. There are still concerns about the future trend of the property market, and historical experience suggests that this may be a signal of the market hitting bottom. Although property prices are still significantly lower than historical highs, the current level is relatively affordable

The strong rebound in the property market is still questioned; the signal of hitting the bottom is "when everyone is optimistic, it is the most dangerous" | Li Shengyang

Goldman Sachs has raised its forecast for Hong Kong's property price increase this year from 5% to 12%, expecting a 3% rise in office rents in the core Central district and a moderate 2% growth in the retail market rents. The reasons for the upward revision include government licensing and immigration policies driving demand, strong rent growth, and declining mortgage rates. Goldman Sachs has upgraded the ratings of HENDERSON LAND and SINO LAND to "Buy," with target prices of HKD 39 and HKD 14.6, respectively

Goldman Sachs expects Hong Kong property prices to rise by 12% this year, maintaining a cautious outlook on the retail market

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Goldman Sachs released a research report, updating its investment ratings and target prices for Hong Kong property stocks. Henderson Land was upgraded from sell to buy, with the target price raised from HKD 19.3 to HKD 39; New World Development maintained buy, with the target price raised from HKD 96 to HKD 159; Sino Land maintained neutral, with the target price raised from HKD 6 to HKD 12; CK Asset was upgraded from sell to buy, with the target price raised from HKD 7.5 to HKD 14.6; Kerry Properties maintained neutral, with the target price raised from HKD 20.9 to HKD 27.3; CK Asset was downgraded from buy to neutral, with the target price raised from HKD 48 to HKD 53. Ratings and target prices for other property stocks were also adjusted

KERRY PPT

Goldman Sachs' Investment Ratings and Target Prices for Hong Kong Real Estate Stocks (Table)

HENDERSON LAND celebrated its 50th anniversary by hosting two major events: the "Year of the Horse Reunion Dinner" and the "Community Fun Day," attracting 3,500 seniors, young people, and grassroots families. The activities included a reunion dinner, intangible cultural heritage displays, lucky draws, and children's performances, aimed at creating a festive atmosphere and conveying love and positive energy. The group collaborated with over 20 non-profit organizations, inviting 3,200 participants to celebrate the New Year together

HENDERSON LAND celebrates its 50th anniversary by holding two major events to welcome the new year with 3,500 community members of all ages

The Hong Kong stock ADR is expected to open 117 points lower on Monday, reporting at 26,449 points. The relative stock prices and the premium situation of Hong Kong stocks against the American Depositary Receipts are as follows: CKH Holdings HKD 63.316 (premium 0.29%), CLP Holdings HKD 78.168 (premium -1.62%), HK & CHINA GAS HKD 7.251 (premium 5.23%), WHARF HOLDINGS HKD 24.74 (premium 6.71%), HSBC HOLDINGS HKD 133.12 (premium 1.94%), Power Assets Holdings HKD 60.189 (premium 2.26%), PCCW HKD 5.698 (premium 4.60%), HENDERSON LAND HKD 32.01 (premium 1.22%), Sun Hung Kai Properties HKD 134.058 (premium -0.27%), NEW WORLD DEV HKD 10.865 (premium -1.52%), Swire Properties A HKD 79.731 (premium 0.34%), Bank of East Asia HKD 15.093 (premium -6.31%), Galaxy Entertainment HKD 44.243 (premium -2.81%), Hang Lung Properties HKD 9.724 (premium 0.47%), Geely Automobile HKD 19.092 (premium -11.11%), CITIC Limited HKD 12.726 (premium -3.82%), Cathay Pacific Airways HKD 12.663 (premium 1.48%)

The Hong Kong stock ADR is expected to open 117 points lower on Monday, reporting at 26,449 points

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Martin Lee Ka-shing, chairman of Henderson Land Development, has sued actress Chrissie Chau for defamation over alleged remarks suggesting an illicit relationship. He is also seeking damages from Google and five YouTube channels for not removing false content. Lee's law firm claims Chau fabricated the relationship during a 2016 film promotion, leading to ongoing rumors that have affected Lee's family. Lee's lawyers requested Google to remove the content, but no action was taken. The lawsuit highlights the impact of these rumors on Lee's personal life.

南华早报

Real Est Select Spdr

iShares US Real Estate ETF

Alphabet - C

Alphabet

Henderson Land’s Martin Lee sues actress Chrissie Chau for defamation

Hong Kong's renowned entrepreneur and founder of Henderson Land Development, Lee Shau Kee, one of the &#34;Big Four Families of Hong Kong,&#34; passed away on March 17, 2025, at the age of 97. His life was a microcosm of Hong Kong's economic rise and a model of rags-to-riches success. With sharp business acumen and a steady investment philosophy, he built a vast real estate empire and actively engaged in philanthropy, earning him the titles &#34;Asia's Stock God&#34; and &#34;Hong Kong's Buffett&#34;...

MIRAMAR HOTEL

Investment Wisdom and Philanthropic Sentiments: A Retrospective of the Legendary Life of Lee Shau Kee

JPHLAND@EC2607A(25138.HK)

"Big Banks" JP Morgan: Surprised but not worried about the Hong Kong government's increase of over HKD 100 million in luxury property stamp duty, describing it as a redistribution fiscal policy

HSBC Research: The budget proposal has a positive stance on the property market, favoring New World Development, Henderson Land, and SINO LAND

The Hong Kong stock ADR is expected to open 386 points higher this morning, reporting at 27,152 points

The Hong Kong stock ADR is expected to open 191 points lower this morning, reporting at 26,891 points

Users of "Hong Kong Property" are determined to "rent to buy," spending HKD 6.4 million to purchase a two-bedroom unit at Belgravia Place in Sham Shui Po