Hong Kong Stock Market anomaly | Hong Kong property stocks collectively rise, Morgan Stanley believes residential market will continue to recover, predicts Hong Kong property prices will rebound by about 5% again.

According to the Securities Times APP, Hong Kong property stocks collectively rose. As of the time of writing, Henderson Land Development (00012.HK) rose by 4.04% to 29.38 Hong Kong dollars; Wharf Real Estate Investment (00004.HK) rose by 3.29% to 21.98 Hong Kong dollars; Sun Hung Kai Properties (00016.HK) rose by 0.72% to 98.25 Hong Kong dollars.