On June 5, Henderson Land fell 3.07% in regular trading, trading at HK$27.84/share, with trading volume of HK$174 million. The decline came as Bank of America Securities cut target prices on multiple Hong Kong property stocks while the broader real estate sector experienced widespread selling pressure.

Bank of America maintained its forecast for Hong Kong residential property prices to rise approximately 10% for the full year, but explicitly stated that expectations of 15% or more aggressive price gains are unlikely to materialize. The bank cited mainland China's new outbound investment guidelines as a key risk factor, noting that while not directly targeting real estate, the rules may increase difficulty and delays for cross-border capital flows, potentially tightening Hong Kong market liquidity and suppressing buyer price expectations, particularly for high-value property transactions.

Within the Real Estate Development sector, the overall tone was bearish. Among individual stocks, China Resources Land up 0.44%, China Overseas down 2.74%, Radiance Holdings down 9.22%, CK Asset down 1.28%, and Sino Land down 0.69%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)