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Citi Maintains End-2026 HSI Target at 28,800, Expects Home Prices to Rise 3%
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Ka Liu, Head of Investment Strategy and Portfolio Advisory at Citibank Hong Kong, said that the bank maintains its June 2026 target for the HSI at 27,500, with a year-end target of 28,800. The bank forecasts that Hong Kong residential property prices may rise by 3% YoY in 2026, and will launch a multi-year upward cycle, mainly due to a 14-year low of new land supply, below primary sales, along with a rebound in net absorption of new homes. Meanwhile, Citi also expects rents to rise by 5% YoY. AASTOCKS Financial News Website: www.aastocks.com |
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