Core Viewpoint - Hong Kong's real estate market is beginning to recover, prompting a revision of residential price rebound forecasts from 2027 to the second half of 2026, with an expected increase of approximately 3% and a further 5% rise in 2027 [1] Summary by Category Market Outlook - The report anticipates a recovery in property developers' profits and dividends by 2027, leading to an average target price increase of 3% for real estate stocks [1] - Earnings forecasts for the period from this year to 2027 have been raised by up to 4% [1] Stock Recommendations - The company favors Longfor Properties and Sino Land among developers, upgrading Longfor's rating from "Neutral" to "Buy" and raising its target price from HKD 39 to HKD 42 [1] - Sino Land is also given a "Buy" rating with a target price increase from HKD 9.8 to HKD 10.8 [1] Rental Stocks - The report expresses a positive outlook on Hang Lung Properties and Swire Properties, both receiving "Buy" ratings with target prices raised to HKD 10 and HKD 24.5, respectively [1]
大行评级｜美银：香港楼市开始复苏，预计住宅楼价将于明年下半年起反弹
Ge Long Hui·2025-09-29 05:10