Vi e w p o i n t | 21 Jul 2026 04:35:31 ET │ 20 pages Hong Kong Property Retail to Lead the Rebound in 2H26; Affirm Positive Residential View CITI'S TAKE Reaffirm positive view; expect retail to lead in 2H26 after strong 1H26 — Retail sales beat in 5M26 (+11%yoy) and street-shop vacancy was at 2-year low, supporting our forecast of flat retail spot rents in '26E. Malls such as Pacific Place & Landmark are already at +ve reversions. New home volume +34%yoy in 1H26 to a 22-year high, and developers' sales val ...