希慎兴业(00014)发布截至2025年12月31日止年度业绩，该集团取得营业额34.64亿港元，同比增加1.6%; 经常性基本溢利19.18亿港元，同比减少1.9%;基本溢利25.1亿港元，同比增加28.3%;每股基本盈利31港 仙。 写字楼业务营业额维持平稳。在香港写字楼租赁市场持续面对挑战的情况下，我们的香港写字楼出租率 由90%提升至94%，纾缓续租租金水平向下的影响。 启动80亿港元的五年期资本循环计划，以充实财务状况及提升长远价值。于2025年内，已完成资本循环 目标的26%并收取21亿港元。 营业额按年增长1.6%，经常性基本溢利则按年下跌1.9%。受惠于出售竹林苑住宅单位的公平值收益所 带动，基本溢利按年上升28.3%。 商铺业务营业额按年增长2.6%。受惠于奢华品牌旗舰店的进驻及扩充，续租租金水平维持上升。2025 年下半年租户销售额录得双位数按年增长。 ...

智通财经APP讯，希慎兴业(00014)发布截至2025年12月31日止年度业绩，该集团取得营业额34.64亿港 元，同比增加1.6%;经常性基本溢利19.18亿港元，同比减少1.9%;基本溢利25.1亿港元，同比增加28.3%; 每股基本盈利31港仙。 营业额按年增长1.6%，经常性基本溢利则按年下跌1.9%。受惠于出售竹林苑住宅单位的公平值收益所 带动，基本溢利按年上升28.3%。 商铺业务营业额按年增长2.6%。受惠于奢华品牌旗舰店的进驻及扩充，续租租金水平维持上升。2025 年下半年租户销售额录得双位数按年增长。 写字楼业务营业额维持平稳。在香港写字楼租赁市场持续面对挑战的情况下，我们的香港写字楼出租率 由90%提升至94%，纾缓续租租金水平向下的影响。 启动80亿港元的五年期资本循环计划，以充实财务状况及提升长远价值。于2025年内，已完成资本循环 目标的26%并收取21亿港元。 ...

格隆汇2月26日丨希慎兴业(00014.HK)公布年度业绩，截至2025年12月31日止年度，公司营业额为34.64 亿港元，同比增长1.6%；经常性基本溢利为19.18亿港元，同比减少1.9%；基本溢利为25.10亿港元，同 比增长28.3%，集团维持第二次中期股息为每股81港仙。 2025年度，商舖业务营业额按年增长2.6%。受惠于奢华品牌旗舰店的进驻及扩充，续租租金水平维持 上升。2025年下半年租户销售额录得双位数按年增长。写字楼业务营业额维持平稳。在香港写字楼租赁 市场持续面对挑战的情况下，我们的香港写字楼出租率由90%提升至94%，纾缓续租租金水平向下的影 响。 香港住宅市场于2025年录得稳健回升，为集团带来更强劲的租赁及销售动力。利园区连接项目及利园八 期项目正按计划顺利推展，全面焕新的利园区将于2026年下半年隆重揭幕。 此外，启动80亿港元的五年期资本循环计划，以充实财务状况及提升长远价值。于2025年内，已完成资 本循环目标的26%并收取21亿港元。 ...

EF001 EF001 發行人所發行上市權證/可轉換債券的相關信息 發行人所發行上市權證/可轉換債券 不適用 其他信息 其他信息 不適用 發行人董事 於本公告日期，董事會包括：利蘊蓮（主席）、呂幹威（執行董事及首席營運總監）、鍾郝儀**、卓百德**、王靜瑛**、Young Elaine Carole**、張勇**、利憲彬*（利蘊蓮為其替任董事）、利乾*以及利子厚*。 * 非執行董事 ** 獨立非執行董事 第 2 頁 共 2 頁 v 1.1.1 免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 | | | --- | --- | | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 希慎興業有限公司 | | 股份代號 | 00014 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 2025年第二次中期股息 | | 公告日期 | 2026年2月26日 | | 公告狀態 | 新公 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明 確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Hysan Development Company Limited 希慎興業有限公司 （於香港註冊成立之有限公司） （股份代號：00014） 截至 2025 年 12 月 31 日止年度全年業績公告 1 • 營業額按年增長 1.6%， 經常性基本溢利則按年下跌 1.9% 。受惠於出售竹林苑住宅 單位的公平值收益所帶動，基本溢利按年上升 28.3%。 • 商舖業務營業額按年增長 2.6%。受惠於奢華品牌旗艦店的進駐及擴充，續租租金水 平維持上升。2025 年下半年租戶銷售額錄得雙位數按年增長。 • 寫字樓業務營業額維持平穩。在香港寫字樓租賃市場持續面對挑戰的情況下，我們 的香港寫字樓出租率由 90% 提升至 94%，紓緩續租租金水平向下的影響。 • 香港住宅市場於 2025 年錄得穩健回升，為本集團帶來更強勁的租賃及銷售動力。 • 利園區連接項目及利園八期項目正按計劃順利推展，全面煥新的利園區將於 2026 ...

Group 1 - Bank of America Securities reports a divergence in market views regarding Hong Kong property prices, with offshore investors being more optimistic compared to local and mainland investors who focus on valuation adequacy [1] - The firm has raised target prices for several real estate stocks by an average of 10% based on a narrowing discount to net asset value, reflecting strong performance in Hong Kong development projects and high-end retail sales [1] - Bank of America Securities favors developers such as Cheung Kong Holdings and Sino Land due to their earnings sensitivity to property price growth, while preferring rental stocks like Swire Properties and Hang Lung Properties for their high dividend yields and resilience in mainland luxury retail [1] Group 2 - The firm predicts a 10% to 15% increase in property prices over the next two years, noting that developers have already factored in a 15% to 20% growth in transaction volume into their stock prices [2] - Two major risks are identified: limited room for further cuts in the best lending rate by the Hong Kong Monetary Authority and the potential return to floating mortgage rates if bond market rate cuts do not materialize by the end of 2026 [2] - Stagnation in median household income and a year-on-year decline in approved immigration visas for 2025 may restrict further price increases in the property market [2]

Investment Rating - The report maintains a "Recommendation" rating for the real estate sector, specifically highlighting the promotion of "good housing" construction in Fujian [2]. Core Insights - The report indicates a seasonal decline in new and second-hand housing transactions, with new housing transaction area in 20 cities decreasing by 9% week-on-week but increasing by 147% year-on-year. The total transaction area for new housing was 170 million square meters [22][21]. - The second-hand housing market showed a similar trend, with a 7% week-on-week decrease but a 174% year-on-year increase in transaction area, totaling 199 million square meters [27][24]. - The report emphasizes the importance of addressing three key issues in the real estate market: declining new housing demand, unresolved inventory, and the negative impact of land finance on the economy [6]. Industry Data - The real estate sector consists of 107 listed companies with a total market capitalization of approximately 1,270.7 billion yuan and a circulating market capitalization of about 1,217.1 billion yuan [2]. - The sector's performance in the past month shows an absolute increase of 2.3%, a 6-month increase of 7.4%, and a 12-month increase of 12.8% [3]. Policy Developments - Fujian province has introduced measures to stabilize the real estate market, focusing on promoting housing consumption and inventory reduction, including optimizing shared ownership policies and encouraging the purchase of existing homes [15][18]. - Gansu province has adjusted its housing provident fund loan policies, increasing the maximum loan amounts for single and married contributors [15][18]. Sales Performance - In the first week of February, the average daily transaction area for new housing in 20 cities was 24.3 million square meters, with a cumulative transaction area of 838 million square meters year-to-date, reflecting a 28% year-on-year decrease [22][21]. - The report notes that the average transaction area for second-hand housing in 11 cities was 28.5 million square meters, with a cumulative area of 1,067 million square meters year-to-date, indicating a 23% year-on-year increase [27][24]. Investment Strategy - The report suggests focusing on three areas to find alpha in the real estate sector: precision in land acquisition for developers, stable income assets such as leading shopping centers, and leading real estate agencies that enhance transaction efficiency [6].

| 截至月份: | 2026年1月31日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | 希慎興業有限公司 | | | | 呈交日期: | 2026年2月2日 | | | | I. 法定/註冊股本變動 | 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.2.0 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 1. 股份分類 | | 普通股 | | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號(如上市) | | 00014 | | 說明 | 不適用 | | | | | | | | 股份期權計劃詳情 | | 上月底結存的股份期權數 目 | | 本月內變動 | | 本月底結存的股份期權數 目 | | 本月內因此發行的新股數 目 (A1) | 本月内因此自庫存轉讓的 庫 ...

Group 1 - Hong Kong local property stocks collectively rose today, with New World Development increasing by over 4%, and other companies like Sun Hung Kai Properties, Hang Lung Properties, Cheung Kong Property, and Sino Land rising by over 3% [1] - Notably, Sun Hung Kai Properties reached a historical high [1] Group 2 - New World Development's latest price is 9.830, with a market capitalization of 24.739 billion [2] - Sun Hung Kai Properties' latest price is 119.000, with a market capitalization of 344.836 billion [2] - Hang Lung Properties' latest price is 9.540, with a market capitalization of 48.24 billion [2] - Cheung Kong Property's latest price is 45.360, with a market capitalization of 158.75 billion [2] - Sino Land's latest price is 11.650, with a market capitalization of 110.494 billion [2] - Hysan Development's latest price is 21.660, with a market capitalization of 22.245 billion [2] - Kerry Properties' latest price is 23.620, with a market capitalization of 34.28 billion [2] - Kowloon Development's latest price is 26.800, with a market capitalization of 81.371 billion [2] - Swire Properties B's latest price is 12.640, with a market capitalization of 36.011 billion [2] - Link Real Estate Investment Trust's latest price is 35.840, with a market capitalization of 93.146 billion [2] - Kowloon Warehouse Group's latest price is 25.260, with a market capitalization of 77.195 billion [2] - Swire Properties' latest price is 23.200, with a market capitalization of 133.574 billion [2] - Champion REIT's latest price is 2.500, with a market capitalization of 15.338 billion [2] - Henderson Land's latest price is 30.300, with a market capitalization of 146.694 billion [2]

Group 1 - Hong Kong local real estate stocks experienced a broad increase, with Hysan Development rising over 5% [1] - Other notable gainers include Kowloon Development and Kerry Properties, both up over 4%, while Kowloon Group and Sun Hung Kai Properties increased by over 3% [1] - Swire Properties B shares rose nearly 3%, and Longfor Group, Sino Land, Swire Properties A, and Swire Group all saw increases of over 1% [1] Group 2 - Hysan Development's latest price is 21.600 with a market capitalization of 221.83 billion [2] - Kowloon Development's latest price is 26.600 with a market capitalization of 807.64 billion [2] - Kerry Properties' latest price is 22.840 with a market capitalization of 331.48 billion [2] - Kowloon Group's latest price is 24.940 with a market capitalization of 762.17 billion [2] - Sun Hung Kai Properties' latest price is 113.900 with a market capitalization of 3300.57 billion [2] - Swire Properties B's latest price is 12.460 with a market capitalization of 354.98 billion [2] - Longfor Group's latest price is 43.960 with a market capitalization of 1538.5 billion [2] - Sino Land's latest price is 11.500 with a market capitalization of 1090.72 billion [2] - Swire Properties' latest price is 23.380 with a market capitalization of 1346.1 billion [2] - Swire Group's latest price is 74.400 with a market capitalization of 579.57 billion [2]