Investors see Hong Kong property stocks, funds as reopening trades

HONG KONG: As global investors look for ways to profit from China's reopening from pandemic controls, the beaten-down shares of Hong Kong's property firms and real estate funds have become popular vehicles for riding an expected economic recovery.dropping of its stringent zero-COVID policy late in 2022 has lifted travel and tourism stocks across Asia

Investors see value in property companies regardless of whether their assets are in mainland China or Hong Kong, which reopened at about the same time. Some property stocks have risen this year. Guangdong Investment is up more than 10 per cent since the end of 2022, while Henderson Land Development has gained 7.2 per cent. The Hang Seng Property index is up about 3.1 per cent.

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Investors see Hong Kong property stocks, funds as reopening tradesHONG KONG : As global investors look for ways to profit from China's reopening from pandemic controls, the beaten-down shares of Hong Kong's property firms and real estate funds have become popular vehicles for riding an expected economic recovery.While China's dropping of its stringent zero-COVID policy 還要炒樓？香港人都買不起房子了
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »