Champion REIT 2778 HK: Facing Multiple Headwinds, an Uphill Battle.  Bearish

Henderson Land 12 HK – a Play on Farmland Conversion and Leveraged Developer - Bearish

Swire Prop 1972 HK: HK Office & China Retail Can Be Double Drag, No Share Buyback & Lack of Catalyst

New World Development(17 HK):High Leverage in HKRE but Likely the First to Rebound if Rate Peaks Out

Short Note: LONG China on Monetary Easing Cycle

Short Note: Position for Upcoming Banking Crisis, BUY Hong Kong & China Property Stocks, and BTC/ETH

Greater China property focus, KT Capital Group

Jacob Cheng

Greater China property focus

KT Capital Group

Principal investments and advisory firm that focuses on connecting the CIS countries with East Asia.

Principal investments and advisory firm

Thematic (Sector/Industry)

Hong kong Real estate management and development / Thematic (Sector/Industry)

<ul>
<li>While most HK equities are still trading at attractive valuation, it does not mean they can re-rate and many of them can remain value traps</li>
<li>However with the banking crisis, asset owners are moving their capital to Asia.  Hong Kong gov is doing everything to attract family office business</li>
<li>This, along with improving macro outlook, can drive re-rating.  BUY SHKP 16 HK and NWD 17 HK</li>
</ul>


While most HK equities are still trading at attractive valuation, it does not mean they can re-rate and many of them can remain value traps
However with the banking crisis, asset owners are moving their capital to Asia.  Hong Kong gov is doing everything to attract family office business
This, along with improving macro outlook, can drive re-rating.  BUY SHKP 16 HK and NWD 17 HK


HK Equity: 1) Strong Capital Inflow, 2) Pro-Growth Policy, 3) Better Macro Outlook to Drive Rerating