"The MSCI China Index rose 0.37% on a weekly basis, marking the 8th consecutive week of gains and reaching a new high in about 20 months."

The latest report from the Centaline Property Price Index is 135.87 points, up 0.37% from the previous week, marking the 8th consecutive week of increase and reaching a new high in about 20 months. The latest property price index has increased by 1.1% compared to four weeks ago, while property prices in Hong Kong have increased by 0.86% so far this year, expanding the increase from the low point of last year to 7.59%. In terms of confidence index, Centaline analyst Samson Sum pointed out that the hot selling of large new developments in the West Kowloon area has led to a strong first-hand market, keeping the atmosphere in the Hong Kong property market vibrant. Combined with the good performance of the Hong Kong stock market, the confidence of property owners in the future has increased, leading to a rise in the confidence index. The "Centaline Confidence Index" (compiled based on the weekly changes in Centaline's internet property prices) that reflects the attitude of property owners towards listing has reached 81.4 points, up 1.5% from the previous week, marking an increase for the 5th consecutive week. With the confidence index consistently above average, it suggests that property prices in Hong Kong have strong potential for further upward movement.