0848 GMT - The Hong Kong retail sector's recovery is likely to be sustained, boosting the city's listed retail landlords, DBS Group Research's Jeff Yau and Percy Leung say in a note. Retail sales in the city have recovered since mid-2025, led by discretionary spending, they write. Hong Kong is likely to remain a preferred destination for Chinese tourists amid geopolitical tensions, while its pipeline of mega events could drive further support for inbound tourism. DBS projects total retail sales value in Hong Kong to grow by 5% in 2026, while retail rental growth could come in at 3%, although a prolonged Middle East conflict remains a key risk. The bank sees Link REIT and Wharf REIC as attractively valued. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
April 10, 2026 04:48 ET (08:48 GMT)
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