On December 23, Gelonghui reported that Hong Kong's local property stocks saw widespread gains, with WHARF HOLDINGS and WHARF REIC rising over 2%. SWIRE A, CK ASSET, KERRY PPT, SWIREPROPERTIES, SWIRE B, LINK REIT, and HYSAN DEV all increased by more than 1%, while SHK PPT and NEW WORLD DEV rose nearly 1%. In terms of news, the PCE increase in the USA fell to its lowest level in five months in November, enhancing market bets on a Federal Reserve interest rate cut in 2025. Citigroup economist Andrew Holleman believes that due to the core PCE's month-on-month increase of 0.1% in November, lower than expected, and the smallest increase since May, price increases are slowing down, and the eventual rate cuts by the Federal Reserve may exceed current expectations. (Gelonghui)