Kinwu Financial News | BOC International's research report pointed out that the Chief Executive of Hong Kong just announced the Policy Address for 2024, introducing population, economic, and housing policies favorable to the real estate industry. Although these incremental policies may be limited in scope and may disappoint some market participants, the reality is that the Hong Kong government does not have much room for policy relaxation. The best outcome the industry could expect may be policy initiatives to attract talent and promote economic development. The bank believes that these policies, over time, will have a positive impact on the real estate industry, especially on companies like Link that focus on community retail, and developers like shk ppt and china res land with extensive experience in industrial park operation.

The bank mentioned that although the Hong Kong government has limited policy space for directly stimulating the real estate market, the bank believes that the current flexible land supply policies and talent import direction are correct, which are positive steps towards a healthier real estate market.