The Hang Seng Index reached a new peak today, primarily fueled by a strong performance in the property sector. Leading property developers experienced significant gains, boosting overall market sentiment.

Increased investor confidence in the Hong Kong property market is a key factor contributing to this surge. Market analysts cite positive economic indicators and anticipated growth as reasons for the renewed optimism.

The upward trend is also indicative of the robust performance of other sectors closely linked to the property market, such as construction and finance. This positive momentum is expected to continue, provided the current economic conditions remain favorable.