Citigroup: Hong Kong property prices are expected to rise by 3% next year, entering an upward cycle. Competition in office buildings may intensify.

Zhitong Finance APP learned that Citigroup expects the Hong Kong real estate market to further recover next year after coming out of the trough in 2025, with a projected increase of 3%, and entering an upward cycle. Citigroup's top picks include Henderson Land Development (00014.HK), Hang Lung Properties (00101.HK), New World Development (00016.HK), Kerry Properties (00012), and Link REIT (00823).