Core Viewpoint - Morgan Stanley analysts, led by Praveen Choudhary, suggest that Hong Kong property prices are likely to rebound from a bottom due to an influx of mainland buyers, improvements in capital markets, and recent interest rate cuts [1] Group 1: Market Dynamics - The influx of mainland buyers is boosting the Hong Kong residential market [1] - Rental yields in Hong Kong have now surpassed those in major mainland cities, stimulating investment demand [1] - The recovery in capital markets is creating a wealth effect that further supports housing demand [1] Group 2: Economic Indicators - Analysts believe that the current phase may still be early, but there are several optimistic indicators suggesting the beginning of an upward cycle [1] - This upward cycle is expected to last for four to five years [1] - Lower interest rates are also expected to support the market [1]