新鸿基地产(00016)发布公告，冯秀炎女士因健康理由，已辞任公司执行董事，自20262月3日起生效。 ...

(於香港註冊成立之有限公司) 股份代號 : 16 (港幣櫃台)及 80016 (人民幣櫃台) 董 事 名單與其角色和職能 新鴻基地產發展有限公司之董事局(「董事局」)成員及其角色和職能 如下:- 執行董事 郭炳聯 （主席兼董事總經理） 郭基煇 郭基泓 馮玉麟 陳康祺 郭顥澧 （郭炳聯之替代董事） 非執行董事 關卓然 郭基俊 獨立非執行董事 葉廸奇 王于漸 李家祥 馮國綸 梁乃鵬 梁高美懿 范鴻齡 - 1 - 董子豪 黃植榮 （副董事總經理） 雷 霆 （副董事總經理） 此外，董事局成員於以下董事局委員會亦有擔任職位:- 執行委員會 郭炳聯 （郭顥澧為其替代董事） 黃植榮 雷 霆 郭基煇 郭基泓 審核及風險管理委員會 李家祥* 葉廸奇 梁乃鵬 王于漸 薪酬委員會 王于漸* 李家祥 關卓然 梁乃鵬 提名委員會 王于漸* 關卓然 葉廸奇 梁乃鵬 * 委員會主席 香港，二○二六年二月三日 - 2 - 董子豪 馮玉麟 陳康祺 ...

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。 (於香港註冊成立之有限公司) 股份代號 : 16 ( 港幣櫃台 ) 及 80016 ( 人民幣櫃台 ) 執 行 董 事 之 辭 任 容上達 香港，二○二 六 年二月三日 於本公告所載之日，本公司董事局由八名執行董事郭炳聯 (主席兼董事總經理) (郭顥澧為 其替代董事)、黃植榮(副董事總經理)、雷霆(副董事總經理)、郭基煇、郭基泓、董子豪、 馮玉麟及陳康祺；兩名非執行董事關卓然及郭基俊；以及七名獨立非執行董事葉廸奇、 王于漸、李家祥、馮國綸、梁乃鵬、梁高美懿及范鴻齡組成。 新鴻基地產發展有限公司（「本公司」）董事局（「董事局」）宣佈，馮秀炎 女士（「馮女士」） 因健康理由，已辭任本公司執行董事，自二○二六年 二月三日起生效。 馮女士已確認她與本公司董事局並無意見分歧，亦不知悉有任何有關其辭任之 事項需知會本公司證券持有人。 承董事 局 命 公司秘書 本公告以英文及中文發出。中英文版本內容如有任何不相符，概 ...

Core Insights - The real estate sector has shown a decline of 2.1% over the past week, ranking 17th among 29 sectors in the market, while the Shanghai and Shenzhen 300 index and the Wind All A index experienced changes of 0.1% and -1.6% respectively [5][38]. - New home sales in 36 cities reached 1.425 million square meters last week, reflecting a week-on-week increase of 14.2% and a year-on-year increase of 146.5%. However, cumulative sales from January 1 to January 30 totaled 5.398 million square meters, down 30.3% year-on-year [5][10]. - The second-hand housing market saw a total transaction area of 1.706 million square meters across 15 cities last week, with a slight week-on-week decrease of 0.7% but a significant year-on-year increase of 744.4%. Cumulative sales for the same period reached 6.739 million square meters, up 15.8% year-on-year [5][16]. Real Estate Market Conditions - The inventory of new homes in 13 cities stands at 7.7738 million square meters, showing a slight decrease of 0.2% week-on-week and a year-on-year decrease of 3.8%. The average de-stocking period is 23.0 months, which is stable compared to the previous week but has increased by 6.7 months year-on-year [5][24]. - In terms of land transactions, the total area sold in 100 cities from January 26 to February 1 was 1.7955 million square meters, marking a week-on-week increase of 49.2% and a year-on-year increase of 419.7%. The average land price was 979 yuan per square meter, down 28.0% week-on-week and down 74.4% year-on-year [5][32]. Investment Recommendations - For mainland developers, the report recommends companies such as Binjiang Group and China Merchants Shekou in A-shares, and China Overseas Development and Greentown China in Hong Kong stocks, highlighting that sales growth expectations post-market recovery will drive valuation improvements [5][9]. - Light asset operation companies are also recommended, as they are expected to maintain stable fundamentals during the downturn. Suggested companies include Greentown Service for property management and China Resources Mixc Lifestyle for commercial management [5][9]. - For Hong Kong developers, the report suggests focusing on companies like Sun Hung Kai Properties and Henderson Land Development, which are expected to benefit from a recovering residential sales market [5][9]. Financing Conditions - In the realm of domestic credit bonds, real estate companies issued a total of 8 bonds last week, amounting to 4.96 billion yuan, which is a decrease of 42.9% week-on-week but an increase of 346.3% year-on-year. The net financing amount was -3.97 billion yuan due to repayments totaling 8.93 billion yuan [5][36].

薪酬方面，据新鸿基地产2024/2025财年数据显示，冯秀炎该年获得董事袍金30万港元(约合人民币约 26.67万元)，其他薪酬高达2396万港元(约合人民币约2130万元)，全年薪酬合计2426万港元。 此次涉事的上海环贸iapm，是新鸿基地产在上海高端商业市场的标杆力作。 公开资料显示，该项目坐落于上海淮海中路陕西南路商业区核心地段，由国际知名设计事务所英国贝诺 (Benoy Architects)操刀外形及室内设计，凭借优质的节能与环保设计荣获LEED"金级"证书，商业面积 约12万平方米，涵盖地上六层及地下二层，自2013年开业以来，便以独特的"夜行消费"理念(营业时间 延长至晚间11点，餐饮业态至次日凌晨1点)成为上海高端商业的标志性项目之一。 品牌阵容方面，iapm汇聚了逾244个国内外高端潮流品牌，层级覆盖国际一线奢侈、潮奢、时尚生活、 运动户外等多个领域，例如Prada、Gucci、Balenciaga、Fendi、Valentino等国际顶奢品牌，始祖鸟、迪 桑特、Nike、lululemon、HOKA等运动品牌，以及泡泡玛特、TOP TOY等潮玩品牌均有入驻。同时配 套city'super ...

Core Insights - TOWNPLACE, a premium rental brand under Sun Hung Kai Properties, has joined The Point, Hong Kong's largest shopping mall membership program, marking a significant innovation in the residential leasing sector [2][16] - The collaboration aims to enhance the living experience by seamlessly integrating residential living with daily consumption through a digital platform, connecting residents to a vast network of nearly 30 shopping malls and 3,000 merchants [2][5] Group 1: Brand and Offerings - TOWNPLACE is designed specifically for global executives and professionals, offering high-quality rental solutions and continuing the legacy of luxury leasing associated with Sun Hung Kai Properties [3][17] - The brand features three major projects located in prime areas, providing nearly 1,300 units, with the flagship TOWNPLACE WEST KOWLOON offering unobstructed views of Victoria Harbour and proximity to key transport links [3][17] - The rental experience is enhanced by a digital access pass that connects residents to the extensive Sun Hung Kai ecosystem, allowing for a luxurious lifestyle that includes dining, shopping, and entertainment options [5][16] Group 2: Innovative Features - TOWNPLACE offers a unique TRIO club access experience, allowing residents to enjoy facilities across three premium locations, totaling 7,700 square meters, all within a 15-minute reach of central business districts [9][18] - The brand emphasizes a customized living experience, creating a community that fosters social connections and wellness through curated events and partnerships with renowned brands [14][18] - Residents can earn rewards through The Point program, with significant incentives for signing new leases or referring friends, enhancing the overall value proposition of living in TOWNPLACE [6][19]

Market Overview - The Hang Seng Index (HSI) closed at 26,954.92, up by 179.35 points or 0.67% as of February 2, 16:00 Eastern Time [1] - The index reached a high of 27,021.10 and a low of 26,800.30 during the trading session, with a trading volume of 40.725 million shares [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 139.961, increasing by 3.91% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 595.694, down by 0.47% compared to the Hong Kong close [2] Stock Price Movements - Tencent Holdings: Latest price HKD 598.500, down by HKD 7.500 or 1.24% [3] - Alibaba Group: Latest price HKD 163.300, down by HKD 5.900 or 3.49% [3] - HSBC Holdings: Latest price HKD 134.700, down by HKD 1.900 or 1.39% [3] - AIA Group: Latest price HKD 89.050, down by HKD 1.300 or 1.44% [3] - Meituan: Latest price HKD 94.850, down by HKD 2.350 or 2.42% [3] - BYD Company: Latest price HKD 91.000, down by HKD 6.750 or 6.91% [3] - Kuaishou Technology: Latest price HKD 77.000, down by HKD 3.150 or 3.93% [3]

Market Overview - The Hang Seng Index (HSI) closed at 27,742.89, down by 225.20 points or 0.81% as of January 29, 16:00 Eastern Time [1] - The index reached a high of 27,909.81 and a low of 27,419.65 during the trading session, with an average price of 27,664.73 [1] - The 52-week high for the index is 27,909.81, while the 52-week low is 19,335.70 [1] Blue-Chip Stocks Performance - Most large-cap stocks experienced declines, with HSBC Holdings closing at HKD 138.219, up 0.45% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 619.286, down 0.44% from the Hong Kong close [2] Individual Stock Movements - Tencent Holdings (00700) latest price is HKD 622.000, with a slight increase of 1.000 or 0.16% [3] - Alibaba Group (09988) latest price is HKD 173.300, down by 0.200 or 0.12% [3] - HSBC Holdings (00005) latest price is HKD 137.600, up by 0.100 or 0.07% [3] - China Construction Bank (00939) latest price is HKD 8.160, up by 0.130 or 1.62% [3] - AIA Group (01299) latest price is HKD 90.950, up by 2.100 or 2.36% [3] - Xiaomi Group (01810) latest price is HKD 36.620, up by 0.300 or 0.83% [3] - NetEase (099999) latest price is HKD 206.600, down by 5.400 or 2.55% [3] - Meituan (03690) latest price is HKD 98.600, up by 0.250 or 0.25% [3] - Industrial and Commercial Bank of China (01398) latest price is HKD 6.640, up by 0.050 or 0.76% [3] - Hong Kong Exchanges and Clearing (00388) latest price is HKD 444.200, up by 5.000 or 1.14% [3] - Ping An Insurance (02318) latest price is HKD 73.300, up by 2.350 or 3.31% [3] - Baidu Group (09888) latest price is HKD 155.500, down by 0.600 or 0.38% [3] - China Bank (03988) latest price is HKD 4.760, up by 0.090 or 1.93% [3] - BYD Company (01211) latest price is HKD 101.800, down by 1.000 or 0.97% [3] - JD.com (09618) latest price is HKD 114.600, down by 1.700 or 1.46% [3] - Ctrip Group (09961) latest price is HKD 482.200, down by 13.200 or 2.66% [3]

股息方面，花旗表示，太古地产(01972)及香港置地承诺实现中单位数同比增长，九龙仓置业(01997)的 每股股息增长主要得益稳定的65%派息率下利息成本的节省。新鸿基地产、长实集团(01113)、信和置 业、嘉里建设(00683)、恒隆地产、希慎兴业(00014)、九龙仓集团(00004)，股息预计维持稳定。迎来五 十周年的恒基地产股息存在争议。领展房产基金(00823)、置富产业信托(00778)及冠君产业信托(02778) 因租金负增长，预计每基金单位分派数下降。 盈利方面，花旗预计香港置地、九龙仓置业及置富产业信托录得增长;新鸿基地产、信和置业、长实集 团、希慎兴业大致稳定;恒隆地产及太古地产同比下降0%至5%，但2025年下半年已因零售营业额租金改 善而好转;嘉里建设(倒退15-20%符预期)、恒基地产(倒退40%，因缺乏出售收益等)、冠君产业信托(倒退 10%)、领展表现疲弱。 花旗认为，相较于收租股，发展商在2026至2027年展现更大的每股盈利上行潜力，主要得益房价改善带 来的房屋销售利润率提升，及潜在具增值效益的新土地收购，推荐股票包括新鸿基地产(00016)、信和 置业(00083)、恒基 ...

Group 1 - The core viewpoint of the articles is that investors have overlooked the subdued performance of the Hong Kong real estate market last year, focusing instead on the potential for rising property prices, profit margins, and sales in 2026 and 2027 [1] - Citi believes that property developers will show greater earnings per share upside potential compared to rental stocks from 2026 to 2027, driven by improved housing sales profit margins and potential value-accretive land acquisitions [1] - Recommended stocks include Sun Hung Kai Properties (00016), Sino Land (00083), Henderson Land Development (00012) after March, and Hang Lung Properties (00101) [1] Group 2 - Regarding dividends, Citi states that Swire Properties (01972) and Hongkong Land are committed to achieving mid-single-digit year-on-year growth, while Wharf Real Estate Investment's (01997) per-share dividend growth is mainly due to a stable 65% payout ratio and savings on interest costs [2] - Expected stable dividends for Sun Hung Kai Properties, Cheung Kong Holdings (01113), Sino Land, Kerry Properties (00683), Hang Lung Properties, Hysan Development (00014), Wharf Holdings (00004) [2] - The performance of Link REIT (00823), Prosperity REIT (00778), and Champion REIT (02778) is expected to decline due to negative rental growth [2]