香港地产股集体走高，截至发稿，恒基地产(00012)涨4.04%，报29.38港元；九龙仓集团(00004)涨 3.29%，报21.98港元；新鸿基地产(00016)涨0.72%，报98.25港元。 摩根大通发布研报称，自2025年3月的低谷以来，香港住宅价格已反弹超过4%，该行观察到更多迹象支 持住宅市场持续复苏，包括股市表现韧性，历史上与楼价展现出良好的相关性；被压抑的需求释放，成 交量持续保持强劲；银行上调物业估值；二手市场挂牌量持续呈现下降趋势；越来越多成交以高于估值 价格完成，助长"害怕错过"的情绪；按息预计将进一步下降；库存水平下降；租金上涨；内地买家的兴 趣保持稳固；金融产业复苏， 在此背景下，该行预测到2026年底，楼价将再反弹约5%。该行指，市场仍面临一些阻力，但该行相信 上述正面迹象在短期内将占据主导地位。话虽如此，该行的建设性立场取决于恒生指数的持续韧性，因 为房地产市场是由情绪驱动的。因此，关键的下行风险是股市暴跌(但这并非该行的基本预测案例)。 ...

Group 1 - Morgan Stanley Managing Director David John Wraight purchased two luxury residences in Hong Kong for HKD 147.3 million (USD 18.8 million), joining a growing number of global financiers seeking to capitalize on high-value properties in the region [1][3] - The properties, developed by New World Development and MTR Corporation, have a total saleable area of 3,242 square feet, with an average transaction price of HKD 45,440 per square foot [1][3] - One of the purchased units, a 1,706 square foot four-bedroom apartment, sold for HKD 81.89 million, marking one of the highest transaction prices for the project [3] Group 2 - Despite a market slowdown, the sales of the Deep Water Bay Phase 1 project remain strong, with the first batch of 138 apartments selling out within hours for a total of HKD 1.53 billion [3] - New World Development anticipates launching Phase 2 of the project soon, with potential price increases expected [3][5] - Morgan Stanley's optimistic report on the Hong Kong real estate market, predicting a recovery after a 30% decline since 2019, aligns with Wraight's investment [5] Group 3 - Other wealthy investors, including a senior banker associated with HSBC, are also betting on the recovery of the Hong Kong real estate market, as evidenced by a recent purchase of luxury units in the South District [5] - Hedge fund Bridgewater's co-CIO Bob Prince purchased a 1,752 square foot apartment in Kowloon for HKD 95 million, citing confidence in Hong Kong's fundamentals [7]