Zhi Tong Cai Jing·2025-11-17 00:50Group 1 - The core viewpoint of the articles indicates that the Hong Kong property market is showing signs of recovery, driven by improved funding conditions and stronger economic expectations, which are expected to enhance market sentiment and create a positive feedback loop between the stock and property markets [1][2]. - In October, the number of existing property mortgage registrations reached 6,463, a month-on-month increase of 7.1%, marking the third consecutive month above 6,000 registrations [1]. - New property mortgage registrations fell to 595 in October, a decrease of 44% month-on-month, primarily due to a reduction in the number of large new developments launched that month [1]. Group 2 - Citigroup forecasts a 3% increase in residential property prices in 2026, indicating the beginning of a multi-year upward cycle [2]. - The report from Citigroup highlights several factors contributing to the anticipated recovery in the Hong Kong real estate market, including improved profit margins on new sales, stabilization in retail sales, and robust performance of prime office spaces [1]. - Local property-related stocks in Hong Kong include Kowloon Development (01997), Hysan Development (00014), Hang Lung Properties (00101), Sun Hung Kai Properties (00016), Henderson Land Development (00012), and Link REIT (00823) [3].