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HSI1 | 26,545.10 | 0.00 | -- |
HSCEI1 | 9,472.35 | 0.00 | -- |
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2025-09-18 11:02:48 Hong Kong Chief Executive John Lee delivered a new Policy Address yesterday (17th), but did not focus much on property, CLSA published a research report saying. The measure to ease restrictions on property purchases under the new Capital Investment Entrant Scheme was in line with expectations. However, the stamp duty reduction and property connect concessions were not implemented as the market anticipated, which is likely to exert short-term pressure on Hong Kong developers, in the broker's view. Meanwhile, the inclusion of REITs into Stock Connect could boost market confidence in Hong Kong REITs. In addition, CLSA believed that the US Fed's monetary policy meeting will be crucial. If there is an unexpected rate cut, it may further prompt a re-rating of Hong Kong homebuilders. ~ AASTOCKS Financial News Website: www.aastocks.com |