Group 1 - Citi expects Link REIT (00823.HK) to perform strongly in May, driven by recent stock price increases [1] - Link REIT is anticipated to be the biggest beneficiary of the upcoming stock-linked plan for real estate investment trusts [1] - The retail sector is expected to benefit from the Golden Week holiday, alongside a narrowing decline in Hong Kong's retail sales in March [1] Group 2 - Market expectations suggest that the US Federal Reserve may lower interest rates in June or later [1] - Link REIT is set to announce its fiscal year 2025 results at the end of this month, with an expected annual growth of 2% in distribution per unit [1] - The projected dividend yield for fiscal year 2026 is 7%, making it an attractive investment option [1] Group 3 - Citi maintains a "buy" rating for Link REIT, with a target price of HKD 47.82, positioning it as a preferred stock in the Hong Kong real estate investment trust sector [1]