0944 GMT - Any pullback in Hong Kong's property stocks due to the lack of fresh policy support in the city's latest budget could present a buying opportunity for investors, Citi analysts Griffin Chan and Cindy Li say in a note. They note home sales volumes and prices picked up in February and are likely to improve further in March, noting the spring sales season. Rent for offices in the prime Central business district will be boosted by limited supply, alongside rising demand and support from additional pro-business policies this year, they say. Citi expects developers to lead gains within the property sector, followed by property managers of central office spaces and mainland luxury retail stores. Citi names Sun Hung Kai Properties, Sino Land, Hongkong Land and Hang Lung Properties as its most preferred picks in the sector. (jason.chau@wsj.com)
(END) Dow Jones Newswires
February 25, 2026 04:44 ET (09:44 GMT)
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