The Zhitong Finance App learned that Capital Strategy Real Estate (00497) surged more than 9%. As of press release, it had risen 9.76% to HK$0.09, with a turnover of HK$3.52 million.
According to the news, on February 20, He Lehui, executive director of Capital Strategy Real Estate, said that the group plans to launch the Jordan Nathan Road project, involving 262 units of 1 to 3 households, mainly 1 to 2 bedroom units, and also special households.
He Lehui hopes that the government's upcoming “Budget” will introduce measures to help the property market recover. At the same time, he expects the US to start cutting interest rates in the first half of this year as soon as possible, speeding up the pace of recovery in the second half of this year, and emphasizes that there are still expectations for the future of the Hong Kong property market.
According to reports, Ho Lok Fai analyzed in December 2023 that Hong Kong people will be more willing to enter the market in 2024, and the mentality of buying a home may be delayed at high interest rates. At the same time, property prices have been adjusted, and entering the market will be a win-win situation.