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| HSI1 | 24,040.34 | +68.05 | 98.10B |
| HSCEI1 | 8,051.67 | +21.13 | 24.86B |
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2026-10-02 16:29:20 Hong Kong's Grade A office market continued to improve in 3Q26, led by Central office buildings, HSBC Global Investment Research said in a research report. Overall rents elevated for four quarters, with the QoQ increase accelerating to 2.4% from 1.7% in 2Q. Central rents climbed 4.8% QoQ and have cumulatively risen 12.4% YTD, with the recovery pace exceeding the broker's expectations, supported by persisted strength in Hong Kong's financial activities. The broker expected the office market to improve steadily, supporting stronger earnings resilience. It was bullish on SWIREPROPERTIES (01972.HK) and Hongkong Land as key beneficiaries, assigning both a Buy rating, with TP at HKD30.2 and USD10.07 respectively. The broker remained cautious on CHAMPION REIT (02778.HK), maintaining a Reduce rating and TP of HKD1.7, believing its DPU downcycle has yet to end. ~ AASTOCKS Financial News Website: www.aastocks.com | |