Citibank forecasts that the Hang Seng Index will reach 27,500 points in June and 28,800 points by year-end.The bank forecasts that Hong Kong residential property prices may rise by 3% year-on-year in 2026 and enter a multi-year upward cycle, primarily because new land supply is at a 14-year low—falling short of new home sales—coupled with a rebound in net absorption of new homes. Meanwhile, rents are expected to rise by 5% year-on-year.