智通财经网·2026-01-22 03:04Group 1 - Hong Kong real estate stocks are experiencing a broad increase, with notable gains from companies such as Hysan Development (+4.49%), Sun Hung Kai Properties (+3.27%), and Wharf Real Estate Investment (+3.23%) [1] - According to a report by Credit Lyonnais, Hong Kong property prices are showing signs of recovery, with strong sales of new developments and optimistic market sentiment, leading to a year-to-date increase in developer stock prices [1] - Credit Lyonnais predicts a continued upward trend in property prices, but expects the rate of increase to be moderate due to cooling interest rate expectations and resilient mortgage rates, maintaining a forecast of 5% growth in Hong Kong property prices by 2026 [1] Group 2 - Citigroup has revised its 2026 Hong Kong residential property price forecast from a 3% increase to an 8% increase, anticipating further acceleration in 2027, marking the beginning of a prolonged upward cycle [2] - The bank expects Hong Kong property developers to benefit in the first half of 2026 due to rising profit margins, earnings, and NAV, with new transaction volumes reaching a six-year high [2] - It is estimated that for every 1% increase in property prices, NAV could rise by 0.5% and earnings by 1.5%, with current NAV discounts at 52%, compared to approximately 40% during past property price upcycles [2]