Daily dose of HK & mainland China Real Estate: Research Focus and Views on the News

Research evidence excerpt

Daily dose of HK & mainland China Real Estate: Research Focus and Views on the News

29 June 2026

Daily dose of HK & mainland EquitiesReal Estate

China Real Estate

Research Focus and Views on the News HK & Mainland China

Highlights of the day

Michelle Kwok*

Hong Kong Head of Asia Real Estate and HK Equity Research

The Hongkong and Shanghai Banking Corporation Limited

◆ CCL Index up 0.6% w-o-w, to 159.94ppt michellekwok@hsbc.com.hk +852 2996 6918

◆ Nine ‘Top 10’ home purchases recorded in the secondary market over the past Raymond Liu*, CFA

Analyst, Asia Real Estate and Conglomerates

weekend The Hongkong and Shanghai Banking Corporation Limited

raymond.w.m.liu@hsbc.com.hk

◆ 59 units sold at Pavilia Rosa +852 2996 6743

Mainland China Oliver Yu* Analyst, Asia Real Estate

◆ Hangzhou sells a residential plot at a 79% premium to the reserve price oliver.y.o.x.yu@hsbc.com.hk

+852 2288 2050

◆ Changsha sells a residential plot at a 39% premium to the reserve price

Stephen Wang*, CFA

◆ First batch of Raffles Residence at One Shenzhen Bay sold out on its initial launch Analyst, Asia Real Estate The Hongkong and Shanghai Banking Corporation Limited

stephen.wang@hsbc.com.hk

Research focus +852 2284 1675

Brian Yu*

Hong Kong Real Estate: Where we are in the cycle Raymond Liu*, CFA Associate, Asia Real Estate Research

◆ The housing market continues to recover, despite a sentiment overhang from The Hongkong and Shanghai Banking Corporation Limited

brian.d.yu@hsbc.com.hk

enhanced cross-border oversight +852 28227281

◆ Developers appear to be shifting their focus from volume to margin, alongside Tong Yu*, CFA Associate

the ongoing inventory destocking process Guangzhou

Hongkong Land: Progressing steadily to its vision 2035 Raymond Liu*, CFA