Core Viewpoint - Hysan Development (00014.HK) announced the sale of a residential unit at Bamboo Grove for HKD 53.54 million, constituting a related party transaction due to the buyer being wholly owned by independent non-executive director Zhang Yong [1][4]. Group 1: Transaction Details - The residential unit has a usable area of approximately 2,084 square feet (about 193 square meters) [1]. - The buyer is required to pay an initial deposit of HKD 2.677 million (5% of the total price) upon signing the agreement, with an additional deposit of HKD 2.677 million due by November 7, 2025, bringing the total deposit to 10% [3]. - The remaining balance will be paid by January 24, 2026 [3]. Group 2: Property Valuation and Income - As of June 30, 2025, the property is valued at HKD 34.313 million, with a projected net rental income of HKD 1.018 million for the fiscal year 2024, representing a 51% increase from HKD 673,000 in 2023 [4][5]. - The property is currently vacant [4]. Group 3: Company Background and Strategy - Hysan Development is a well-established real estate company in Hong Kong, primarily engaged in leasing commercial properties, office buildings, and residential units [4]. - The sale is part of Hysan's capital recycling plan aimed at optimizing its capital structure through deleveraging, unlocking value from mature non-core residential assets, and redeploying capital into strategic focus areas [8]. - The transaction is expected to generate approximately HKD 19.3 million in total revenue for Hysan [8]. Group 4: Recent Appointments and Performance - Zhang Yong was appointed as an independent non-executive director and committee member on December 9, 2024, after a notable career at Alibaba Group [4]. - Hysan's mid-year results for 2025 showed a revenue of HKD 1.73 billion, a year-on-year increase of 2.19%, while net profit attributable to shareholders was HKD 75 million, a decrease of 82.44% [12]. - The company recorded a profit of HKD 350 million in 2024, recovering from a loss of HKD 872 million in the previous year [12]. Group 5: Stock Performance - Hysan's stock price has increased by over 46% this year, with the current share price at HKD 15.96, giving the company a market capitalization of approximately HKD 16.4 billion [16].

2025.10. 26 本文字数：1143，阅读时长大约2分钟 来源 | 红星资本局、 第一财经 据红星资本局，从阿里巴巴"退休"的张勇，近日有了新动态。 港股上市公司希慎兴业（00014.HK） 10月24日发布公告称，当日全资子公司广运作为卖方与买方 订立协议，根据该协议的条款及条件，广运同意向买方出售位于竹林苑的一个住宅单位（实用面积约 为2084平方呎，约合193平方米），价格为5354万港元。 信息显示，竹林苑为希慎集团发展的住宅项目，位于香港半山坚尼道地的黄金地段。该项目由6座住 宅大楼组成，共有345个住宅单位及436个停车位。竹林苑由希慎集团持有作租赁用途。 资料显示，张勇于2007年加入阿里巴巴集团，先后担任淘宝网首席财务官和首席运营官，随后兼任 淘宝商城总经理，并于2011年6月淘宝商城更名后出任独立业务的总裁。2015年5月，张勇出任阿里 巴巴CEO，2019年成为阿里巴巴集团董事会主席兼CEO。 就职阿里期间，张勇打造了双十一购物节，带领天猫吸引了大批品牌企业互联网化，让阿里顺利进入 无线时代。2023年，他曾推动阿里巴巴24年来最大的"1+6+N"组织变革。2023年9月10日，张勇 ...

竹林苑由希慎集团持有作租赁用途。自2025年8月起，希慎集团已分阶段出售竹林苑两座住宅大楼的住 宅单位(该单位为其中一部分)及部分停车位。该项目为希慎集团资本循环计划的一部分，旨在达成三大 目标：透过去杠杠化优化希慎集团资本结构；释放成熟非核心住宅资产的价值；及将资本重新部署至公 司策略重点领域。 希慎兴业(00014)发布公告，于2025年10月24日，广运(公司的全资附属公司)作为卖方与买方Verdant Peak Investment Limited订立协议，根据该协议的条款及条件，广运同意向买方出售而买方同意向广运 购买该单位，代价为5354万港元。 竹林苑为希慎集团发展的住宅项目，位于香港半山坚尼道地的黄金地段。该项目由6座住宅大楼组成， 共有345个住宅单位及436个停车位。 ...

Core Viewpoint - Hysan Development (00014) announced the sale of a residential project, Bamboo Grove, to Verdant Peak Investment Limited for HKD 53.54 million, as part of its capital recycling plan aimed at optimizing capital structure and reallocating resources to strategic areas [1] Group 1: Transaction Details - The transaction involves Hysan's wholly-owned subsidiary, Guangyun, selling a unit of the Bamboo Grove project [1] - The sale price for the unit is HKD 53.54 million [1] Group 2: Project Overview - Bamboo Grove is a residential project developed by Hysan Group, located in a prime area on Kennedy Road, Hong Kong [1] - The project consists of six residential buildings with a total of 345 residential units and 436 parking spaces [1] Group 3: Strategic Objectives - The sale of Bamboo Grove is part of Hysan Group's capital recycling plan, which aims to achieve three main objectives: optimizing the capital structure through leverage, unlocking the value of mature non-core residential assets, and redeploying capital into strategic focus areas [1]

竹林苑为希慎集团发展的住宅项目，位于香港半山坚尼道地的黄金地段。该项目由6座住宅大楼组成， 共有345个住宅单位及436个停车位。竹林苑由希慎集团持有作租赁用途。自2025年8月起，希慎集团已 分阶段出售竹林苑两座住宅大楼的住宅单位(该单位为其中一部分)及部分停车位。该项目为希慎集团资 本循环计划的一部分，旨在达成三大目标：(i)透过去杠杆化优化希慎集团资本结构；(ii)释放成熟非核 心住宅资产的价值；及(iii)将资本重新部署至公司策略重点领域。 格隆汇10月24日丨希慎兴业(00014.HK)宣布，于2025年10月24日，广运(公司全资附属公司)作为卖方与 买方订立协议，根据该协议的条款及条件，广运同意向买方出售而买方同意向广运购买该单位，代价为 5354万港元。 ...

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） 關連交易 出售竹林苑之住宅單位 董事會宣布，於 2025 年 10 月 24 日，廣運（本公司之全資附屬公司）作為賣方與買方訂立 協議，根據該協議的條款及條件，廣運同意向買方出售而買方同意向廣運購買該單位，代 價為 53,540,000 港元。 買方由獨立非執行董事張勇先生全資擁有。根據上市規則，買方因此為本公司的關連人士， 而根據上市規則第十四 A 章，簽訂該協議構成本公司之關連交易。 鑑於該出售事項的一項或多項適用百分比率高於0.1%而所有適用百分比率均低於5%，該出 售事項僅須遵守上市規則第十四A章項下公告及申報規定，並獲豁免獨立股東批准之規定。 緒言 董事會宣布，於 2025 年 10 月 24 日，廣運（本公司之全資附屬公司）作為賣方與買方訂 ...

Core Viewpoint - Hong Kong real estate stocks experienced significant gains towards the end of trading on October 20, with notable increases in share prices for several major companies [1] Company Summaries - Kowloon Development (01997.HK) saw a rise of 4.36%, reaching HKD 22.48 [1] - Hysan Development (00014.HK) increased by 3.01%, trading at HKD 16.09 [1] - Swire Properties (01972.HK) rose by 2.14%, with shares priced at HKD 21.92 [1] - New World Development (00017.HK) gained 1.36%, with a share price of HKD 7.43 [1]

Core Viewpoint - The Hong Kong real estate market is experiencing a positive shift, highlighted by a significant transaction involving Alibaba Group and Ant Group purchasing a commercial property for 6.6 billion HKD, marking the largest office sale in Hong Kong this year [1] Group 1: Market Reaction - Hong Kong real estate stocks saw an increase, with Wharf Real Estate Investment (01997) rising by 4.36% to 22.48 HKD, Hysan Development (00014) up by 3.01% to 16.09 HKD, Swire Properties (01972) increasing by 2.14% to 21.92 HKD, and New World Development (00017) gaining 1.36% to 7.43 HKD [1] Group 2: Transaction Details - On October 17, Alibaba Group and Ant Group announced their acquisition of the 13th floor of the One Island East building in Causeway Bay for 6.6 billion HKD, which serves as their headquarters in Hong Kong [1] - This transaction surpasses the previous record set in March when the Hong Kong Stock Exchange purchased the first phase of the Central Trading Plaza for 6.3 billion HKD, making it the largest office sale in Hong Kong this year [1] Group 3: Analyst Insights - JPMorgan released a report indicating that this large transaction will help stabilize the capitalization rate of Hong Kong's office market and reduce commercial real estate risks [1] - The report suggests that more leading companies from mainland China may be interested in purchasing office properties in Hong Kong for their regional or non-mainland headquarters [1] - The stabilization of Hong Kong's office capitalization rate is expected to benefit Hong Kong Land and Swire Properties, while the transaction may negatively impact Wharf Real Estate Investment due to the likelihood of Alibaba relocating from Times Square [1]

大摩表示，奢侈品销售表现强劲，相信是由于旅客消费增加及低基数效应所致，不过必需品销售表现仍 然疲弱。该行认为，九龙仓置业(01997)及希慎兴业(00014)股价或会因此造好，但租金下调压力及内地 免税店购物增加仍是隐忧。至于新世界发展(00017)有望在尖沙咀区抢占更多市场份额。 报告指出，今年首八个月零售销售同比跌幅持续收窄至1.9%，较首七个月的2.6%跌幅有所改善。该行 认为，全年零售销售有望回复至持平水平，零售销售改善主要受惠于访港旅客人数增加，其中中国内地 及长途旅客分别同比增长15%及23%，加上月内举办多项大型活动带动。 大摩发布研报称，香港8月零售销售同比增长3.8%至303亿港元，连续第四个月录得增长，优于市场预 期的2%及该行预期的1%增长。 ...

Core Viewpoint - Hong Kong's retail sales in August increased by 3.8% year-on-year to HKD 30.3 billion, marking the fourth consecutive month of growth, surpassing market expectations of 2% and the bank's forecast of 1% [1] Retail Sales Performance - The year-to-date retail sales decline narrowed to 1.9% for the first eight months, an improvement from the 2.6% decline in the first seven months [1] - The bank anticipates that retail sales for the entire year may stabilize at a flat level, primarily driven by an increase in visitor numbers to Hong Kong [1] Visitor Impact - The increase in retail sales is significantly attributed to the rise in visitor numbers, with mainland Chinese and long-haul travelers growing by 15% and 23% year-on-year, respectively [1] - The month also saw several large-scale events that contributed to the retail sales boost [1] Sector Performance - Luxury goods sales showed strong performance, likely due to increased spending by travelers and a low base effect, while essential goods sales remained weak [1] - Companies such as Wharf Real Estate Investment (01997) and Hysan Development (00014) may benefit from this trend, although there are concerns regarding rental pressure and increased shopping at mainland duty-free stores [1] - New World Development (00017) is expected to capture a larger market share in the Tsim Sha Tsui area [1]