Group 1 - The core viewpoint indicates that Hong Kong's private residential rental index has risen month-on-month, contrasting with the ongoing decline in property prices, suggesting a trend of "rising rents and falling prices" [1][2] - The rental index increased by approximately 0.31% in April, marking five consecutive months of growth, while the average rent per square foot for private residential properties rose about 0.4% in April, continuing a three-month upward trend [1] - The average rent has increased by about 0.93% in the first four months of the year, while property prices have decreased by 0.88% year-to-date as of May 26 [1] Group 2 - The private residential price index in Hong Kong ended a four-month decline with a month-on-month increase of 0.35% in April, reflecting positive impacts from the stock market and government measures [2] - The registration volume for second-hand residential properties priced at HKD 6 million or below reached 11,243, accounting for approximately 67.5% of the total registration volume, slightly higher than the previous year's 67.1% [2] - The data indicates a potential increase in the registration ratio for properties priced at HKD 6 million or below, which may challenge the 70% level due to the recent decline in interest rates [2]