Stock Performance: Various Hong Kong stocks showed mixed performance, with some companies like Henderson Land and Hysan Development experiencing gains, while others like Wharf REIC and Champion REIT saw declines.

Short Selling Data: Significant short selling activity was noted across multiple stocks, with SHK PPT and Wharf Holdings having the highest short selling ratios, indicating bearish sentiment among investors.

Investment Ratings: Analysts provided investment ratings, recommending buys for several stocks including Hysan Development and Sino Land, while suggesting sells for Wharf Holdings and New World Development.

Discount to NAV: Many stocks are trading at substantial discounts to their net asset values (NAV), with Kerry Properties and Hang Lung Properties showing the largest discounts at 74% and 68%, respectively.

Sales Performance: KERRY PPT's Southside Phase 2 La Marina project in Wong Chuk Hang has sold 584 units, representing approximately 97% of the project, generating around HKD14.5 billion. Remaining units will be sold through tender.

Future Developments: KERRY PPT plans to launch three new projects this year, including Phase 4B of LA MONTAGNE, which will offer 368 units and is expected to be launched as completed units in the first half of 2026.

Collaborations: The upcoming projects involve collaborations with SINO LAND, SWIRE PROPERTIES, and MTR CORPORATION, indicating a strategic partnership approach in development.

Market Insights: Short selling data indicates varying levels of activity among the involved companies, with MTR CORPORATION showing the highest short selling ratio at 31.294%.

MTR Corporation's Contract Win: MTR Corporation has secured a major contract for the Sydney Metro West Line project through its joint venture with CRRC Group.

Project Details: The Sydney Metro West Line will be a 24-kilometer underground railway with nine stations, expected to commence service in 2032.

Record Passenger Volume: The Hong Kong section of the high-speed rail achieved a record passenger volume of over 30 million in 2025, reflecting a nearly 17% year-on-year increase.

Single-Day Record: On December 27, during the Christmas holiday, West Kowloon Station set a new single-day passenger record with nearly 140,000 passengers.

Cumulative Passenger Count: Since its opening in September 2018, the Hong Kong section has surpassed a total passenger volume of 100 million.

Stock Performance: MTR Corporation's stock showed a slight decline of 0.992%, with short selling amounting to $24.90 million and a ratio of 24.875%.

JPMorgan's Top Picks: JPMorgan's research report highlights its top Chinese stock picks for Q1 2026, including BIDU-SW and PDD Holdings, with varying short selling ratios across the listed stocks.

Jefferies' Focus Stocks: Jefferies also released a report featuring its focus stocks among H-/A-shares, with notable mentions like TENCENT and CATL, alongside their respective short selling data.