HK REITS

[weijian]

The market consensus is that HKD is overvalued against USD because of the peg.
That's the reason hedge funds are shorting the HKD in anticipation of the peg broken.

The ability to defend your currency is defined by the amount of foreign reserves you have. As the Asian Financial Center, it has 417billion USD (although declined from its 2021 peak of close to 500billion) and nothing is more important to the a Financial Center than stability and honorability I guess.

So, good luck to the funds!

https://tradingeconomics.com/hong-kong/f...0of%201993.

[CY09]

Thanks Shiyi for correcting me.

About the ability for funds to beat, people will always remember george soros successful bet and they will try to emulate it. Its similar to remembering there is always an annual angpao toto winner and you buy a ticket to hope you win that year's edition

[soros]

00405.HK - Yuexiu Reit $1.97 yld 10.59% ( down from $3.23 one year ago)
00435.HK - Sunlight Reit $3.37 yld 7.44 % ( down  from $4.34 one year ago )
00778.HK - Fortune Reit $6.34 yld 6.76% ( down  from $8.01 one year ago  )
00808.HK - Prosperity Reit $1.99 yld 8.73 % ( down from $3.08  one year ago)
00823.HK – Link Reit $57.30  yld 5.28 % ( down from $68.65 one year ago )
01881.HK - Regal Reit $1.40 yld 6.87 % ( little change from  one year ago )
01270.HK - Langham-SS $1,12 yld 2.43  % ( up  from $0.84 one year ago)
01275.HK - New Cent Reit ( withdrawn )
02778.HK - Champion Reit $3.08 yld 6.96% ( down from $3.99 one year ago  )
87001.HK - Hui Xian Reit Y 1.05 yld 8.27 % ( down from Y1.40 one year ago )
01426.HK - Spring Reit $2.4 yld 9.49 % ( little change from one year ago  )

Closing prices on 30 Dec 2022.

Some  HK reits suffered  serious  loss from one  or two years ago.   May take some time to recover                                                                

.

[soros]

00405.HK - Yuexiu Reit $2.00 yld 6.39% ( down from $3.42 one year ago)
00435.HK - Sunlight Reit $3.20 yld 7.81 % ( down from $3.85 one year ago )
00778.HK - Fortune Reit $6.50 yld 6.79% ( down from $7.03 one year ago )
00808.HK - Prosperity Reit $2.00 yld 8.13 % ( down from $2.85 one year ago)
00823.HK – Link Reit $50.50 yld 5.04 % ( down from $67.65 one year ago )
01881.HK - Regal Reit $1.17 yld 5.21 % ( down from $1.44 one year ago )
01270.HK - Langham-SS $1.05 yld 2.76 % ( up from $0.93 one year ago)
01275.HK - New Cent Reit ( withdrawn )
02778.HK - Champion Reit $3.37 yld 5.80% ( down from $3.53 one year ago )
87001.HK - Hui Xian Reit Y 1.07yld 7.72 % ( down from Y1.14 one year ago )
01426.HK - Spring Reit $2.42 yld 8.76 % ( down from $2.85 one year ago )

Closing prices on 31 Mar 2023.

[soros]

00405.HK - Yuexiu Reit $1.32 yld 10.1 % ( down from $3.42 -18 months ago)
00435.HK - Sunlight Reit $2.39 yld 9.2 % ( down from $3.85 -18 months ago )
00778.HK - Fortune Reit $4.70 yld 9.6% ( down from $7.03 -18 months ago )
00808.HK - Prosperity Reit $1.45 yld 11.28 % ( down from $2.85- 18 months ago)
00823.HK – Link Reit $38.40 yld 7.44 % ( down from $67.65 – 18 months ago )
01881.HK - Regal Reit $0.74 yld 8.4 % ( down from $1.44 – 18 months ago )
01270.HK - Langham-SS $0.76 yld 3.8 % ( down from $0.93 – 18 months ago)
01275.HK - New Cent Reit ( withdrawn )
02778.HK - Champion Reit $2.58 yld 7.80% ( down from $3.53 – 18 months ago )
87001.HK - Hui Xian Reit Y 0.92 yld 9.1 % ( down from Y1.14 – 18 months ago )
01426.HK - Spring Reit $1.93 yld 10.76 % ( down from $2.85 – 18 months ago )

Closing prices on 29 Sept 2023.