Changes in Hong Kong stocks | Sun Hung Kai Properties (00016) rose more than 3%, temporarily leading the blue chip Hong Kong real estate recovery momentum continues

The Zhitong Finance App learned that Sun Hung Kai Properties (00016) rose more than 3%, temporarily leading the promotion of blue-chip stocks. As of press release, it rose 3.11% to HK$102.7, and traded HK$590 million.

According to the news, recently, the Land Registry of the Hong Kong Special Administrative Region Government recently released data showing that the total number of registered building sales contracts (including residential, parking spaces, commercial and commercial properties, etc.) in Hong Kong reached 80,702 in 2025, a record high in four years. In 2025, the total value of property sales contracts in Hong Kong was HK$614.277 billion, an increase of 15% over the previous year. Among them, a total of 62,832 residential property transactions were registered, with a total value of HK$519.83 billion, up 18.3% and 14.4%, respectively. According to the Securities Times, as we enter 2026, the popularity of the Hong Kong property market will continue. Midland Property analyst Shum Chung-him said that due to the popularity of new properties in Xisha and the promotion of various projects, it is expected that the number of first-hand new housing transactions in Hong Kong will exceed 2,000 this month.

Morgan Stanley expects residential property prices in Hong Kong to rise 10% this year due to increased demand from mainland buyers, inventory consumption, limited supply, and falling interest rates. Furthermore, the influx of talent is driving strong rent performance, which means higher yields and positive spread returns, which also stimulates more investment demand; the bank expects rent to increase by 5% this year. At the same time, the wealth effect generated by the rise in the Hang Seng Index also helps support property prices. The bank raised the target prices for a number of real estate stocks. Among them, the first choice was SHKP, etc., and the target price was raised from HK$105 to HK$120.