The HSBC/Markit China Composite Output Index rose by 0.5% weekly, boosting confidence in property owners in Hong Kong as the real estate market sentiment improves.

According to the Wise Finance APP, the latest American Confidence Index is 64.8, up 0.5% weekly. With the decrease in interest rates and the easing of the trade war, among other favorable factors driving, the atmosphere in the Hong Kong property market is improving, boosting the confidence of property owners. With fewer discounts on properties, the confidence index is rising.