Interest rate futures are expected to have a 62% chance of a half-point rate cut by the Federal Reserve this week. Hong Kong listed real estate and house rental companies generally rose, with CK Asset (01113.HK) reaching a high of 32.35 yuan. It is now reported at 32.1 yuan, up 4.22%, with a turnover of 3.7493 million shares, involving 0.119 billion yuan.
Sun Hung Kai Properties (00016.HK) reached a high of 81.15 yuan. It is now reported at 80.9 yuan, up 2.41%, with a turnover of 2.4563 million shares, involving 0.197 billion yuan.
Hang Lung Properties (00012.HK) is now reported at 24.35 yuan, up 2.31%, with a turnover of 1.3696 million shares, involving 33.2304 million yuan.
Shanghai New World (00017.HK) is now reported at 6.88 yuan, up 1.93%, with a turnover of 5.9314 million shares, involving 40.8419 million yuan.
Wharf REIC (01997.HK) reached a high of 23.05 yuan. It is now reported at 23 yuan, up 4.78%, with a turnover of 1.2747 million shares, involving 28.9838 million yuan.
Hysan Development (00014.HK) is now reported at 12.58 yuan, up 2.78%, with a turnover of 2.5758 million shares, involving 32.023 million yuan.