Chairman of Henderson Land: Hong Kong Real Estate Market Has Bottomed Out

Henderson Land Chairman Chen Wenbo said in an interview with the media that the Hong Kong property market has already hit bottom, with improvements in residential sales, retail transactions, and occupancy rates. Chen Wenbo said that Hong Kong's talent introduction plan has attracted many new residents from the mainland, who have been renting before and may now be considering buying a house, especially in the high-end market. Chen Wenbo said, "The high-end market is more cyclical, and therefore more resilient."