Two top Hong Kong ministers overseeing housing and constitutional affairs will step down soon, Ming Pao reported. The pending exits are part of a broader high-level reshuffle within the city's administration. This move comes as the government faces pressure to address long-standing housing affordability issues and navigate complex constitutional matters.

The departures could signal a shift in policy priorities for Hong Kong's leadership. Housing policy directly impacts the city's economic stability and social cohesion, while constitutional affairs involve delicate relations with Beijing. Investors will watch for replacements to gauge the government's direction on land supply and political governance.

The reshuffle follows Chief Executive John Lee's tenure and may aim to refresh his cabinet ahead of key policy reviews. Markets often react to political stability in Hong Kong, a global financial hub. The next administration's approach to property regulations and constitutional interpretation will be closely monitored by business leaders.