According to Zhitong Finance APP, most Hong Kong property stocks rose. As of the time of writing, Wharf REIC (01997) rose by 2.78%, priced at HKD 22.2; Xinji Shaxi (03603) rose by 2.27%, priced at HKD 0.045; Hang Lung PPT (00101) rose by 1.34%, priced at HKD 6.83; Swireproperties (01972) rose by 0.12%, priced at HKD 16.04.

In terms of news, recently, the Hong Kong Monetary Authority launched a one-time special arrangement to assist buyers of pre-sale flats at high prices, relaxing the mortgage loan-to-value ratio limit to 80%, and increasing the debt-to-income ratio limit to 60%. Over the past three years, official residential property prices have adjusted down by more than 25% from their highs. Some buyers of pre-sale residential properties who have chosen to pay during the construction period may face difficulties securing the down payment if the property valuation falls below the fill price when applying for a mortgage loan. Meanwhile, some banks have expressed to the Hong Kong Monetary Authority their willingness to help these users facing practical difficulties as long as the risks remain controllable.

Futu Holdings released research reports indicating that it is expected that Hong Kong property prices will see a low single-digit increase next year, mainly driven by small to medium-sized units in prime locations, while projects in Kai Tak and the New Territories may lag due to ample supply. As large-scale completions approach, the vacancy rate for office buildings may rise from 13% to between 13% and 17%. The institution expects that the prime lending rate will fall to 5% in the first quarter of next year, and mortgage rates are expected to drop to 3.25%, below the rental ROI of 3.65%, returning to a 'positive spread', that is, rental yields exceeding mortgage rates; rental prices are expected to stabilize at current levels next year.