Lyon: Hong Kong property prices are expected to rise 5% next year, China Resources Land (01109) and others are preferred

The Zhitong Finance App learned that Lyon released a research report saying that it is predicted that Hong Kong property prices will rise 5% in 2026, and the performance of mainland first-tier cities will significantly outperform the market. Preferred stocks are China Resources Land (01109), Hysan Development (00014), and Lingzhan Real Estate Fund (00823).

According to the report, property prices in Hong Kong have rebounded 6.4% from a low level in March of this year, driven by continuous interest rate cuts in the US. At the same time, rental yields have risen, reflecting strong rental demand. Coupled with the significant reduction in selling pressure on developers and landlords, the relationship between supply and demand has improved markedly. Second-hand housing sales in the mainland's first-tier cities have increased year-on-year, indicating that demand for real estate in first-tier cities is stabilizing. Meanwhile, inventories in first-tier cities have returned to normal levels, the land market is hot, and land concession funds have risen year-on-year, mainly driven by the supply of high-quality land plots.