智通财经网·2026-01-26 06:14Group 1 - The core viewpoint of the article indicates that investors have a positive attitude towards Hong Kong real estate, prioritizing real estate developers, Central office spaces, and luxury retail, while non-essential retail is viewed less favorably [1] - Investors expect property prices to enter an upward cycle this year, with a projected increase of 5% to 10%, although about 10% of investors are skeptical about the sustainability of prices in 2027 and 2028 due to reliance on pent-up demand [1] - The valuation of Hong Kong real estate stocks remains attractive compared to other Asia-Pacific regions, but companies need to demonstrate uniqueness and actual performance to support further stock price revaluation [1] Group 2 - There is a divergence in market views on companies such as Sino Land (00083), Henderson Land (00012), and Hysan Development (00014), while Link REIT (00823) and Wharf Real Estate Investment (01997) are seen as sell targets [2] - Less discussion surrounds companies like Cheung Kong Property (01113), Kerry Properties (00683), Regal Real Estate Investment Trust (01881), and others [2]