They suggested investors buy on weakness, with Sun Hung Kai Properties and Henderson Land among their top picks.
Also in Hong Kong, developer Henderson Land jumped 5.5% after the company announced that its net profit rose 28% on-year in 2012.
Also in Hong Kong, developer Henderson Land gained 3.0% after the company announced that its net profit rose 28% on-year in 2012.
In total, 20 out of the 24 sales in the luxury apartment building at 39 Conduit Road built by Henderson Land have been cancelled.
Henderson Land chairman Lee Shau-kee was one of the big tycoons who bought heavily when the government intervened in the stock market last August.
Sun Hung Kai emerged in 1972 as a consortium that included Lee Shau Kee, the fabulously wealthy owner of another Hong Kong developer, Henderson Land.
And in a very smart move, the cheerful 84-year-old took one of his tips himself: Buy shares in his real estate developer, Henderson Land.
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Through flagship Henderson Land, he also owns part of the Miramar, whose Hong Kong-traded shares have gained more than a third in the past year.
TPG-Newbridge will bring in Larry Yung, China's richest businessman and chairman of Citic Pacific, and Lee Shau-kee, a local tycoon and head of Henderson Land, a property group.
As founder and chairman of Henderson Land, one of Hong Kong's largest real estate firms (the company doesn't have a chief executive), 70-year-old Lee owns some 64%of the company, or 1.1 billion shares.
The Buchanan Partnership is a joint venture between Land Securities and Henderson Global Investors.
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The new state land lies in Newcomb about a dozen miles below where the Hudson first spills out of Lake Henderson into a rocky streambed, about 300 miles before it flows into New York Harbor as a wide, flat waterway carrying barges.
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