Huatai Keeps Bullish on HK Landlords, Prefers Rental-Focused Names

Bullish · $1972.HK · $0016.HK · $0823.HK · $0066.HK

What Happened

Huatai's monthly Hong Kong property tracker shows September residential volumes, prices and rents all softened, while commercial retail sales and office occupancy continued to improve. The broker maintains a positive stance on Hong Kong-exposed developers and prefers rental-income-focused names over residential developers.

Bottom Line

Huatai remains constructive on Hong Kong property over a 2-3 year horizon but favors rental-focused landlords over residential developers amid ongoing near-term residential adjustment.

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