Financial Data and Key Metrics Changes - The group's underlying profit for H1 2026 was HKD 12.2 billion, a year-on-year increase of 16.7% driven by higher profits from sales of trading and investment properties and lower finance costs [1] - Reported profit increased to HKD 10.2 billion, up 36.2% year-on-year, with underlying earnings per share at HKD 4.21 and reported earnings per share at HKD 3.54 [2] - The interim dividend declared was HKD 0.98 per share, a 3.2% increase from HKD 0.95 last year [2] - Total operating profit for H1 2026 reached HKD 16.5 billion, representing a 14.3% increase year-on-year [3] Business Segment Data and Key Metrics Changes - In property development, profit was approximately HKD 4.9 billion, a substantial increase of 94.9%, primarily due to higher profit recognition from Mainland projects [2] - The hotel business recorded an operating profit of HKD 428 million, up from HKD 377 million in the same period last year [3] - Profit from other business segments decreased by 11.7% year-on-year to about HKD 2.3 billion [3] Market Data and Key Metrics Changes - The Hong Kong residential market saw a 65% increase in property sales, totaling HKD 26.5 billion [5] - The group's gross rental income in Hong Kong remained stable at about HKD 8.8 billion, with an overall average occupancy of around 92% [9] - The Mainland rental portfolio's gross rental income held steady at about RMB 3.1 billion, with a slight decrease of 0.8% in RMB terms [12] Company Strategy and Development Direction - The company aims to maintain a strong financial position to seize land opportunities in Hong Kong while focusing on prudent financial management [4] - The strategy includes leveraging a reputable brand for premium sales, ongoing portfolio reviews to enhance returns, and expanding the recurrent income base through new investment properties [4][11] - The company plans to launch various new residential projects over the next 10 months, including significant developments in Kowloon and Yuen Long [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the Hong Kong residential market's recovery, citing strong demand from end users and investors, and an improving supply-demand situation [33] - The company anticipates continued strong momentum in property sales and a favorable mortgage environment supporting market stability [16] - Management highlighted the importance of adapting to new circumstances and leveraging technology to enhance property quality and services [17] Other Important Information - The group's total land bank in Hong Kong was about 57.3 million sq ft, with ongoing efforts to replenish it through various channels [5] - The International Gateway Centre (IGC) is positioned as a key commercial landmark with excellent transport connectivity, expected to support the transformation of West Kowloon [10][24] - The company remains committed to sustainability and has received high ratings for its new projects [23] Q&A Session Summary Question: Outlook for Hong Kong property home prices - Management noted that the residential market is in a recovery phase, with transaction volumes reaching record highs and positive rental trends expected to continue [32] Question: Update on residential sales targets - The company plans to maintain its sales target for FY 2026 at HKD 30 billion, with several new projects set to launch [34][35] Question: Leasing progress for IGC and Artist Square Towers - Management reported strong interest in IGC, with leasing progressing well, and expressed confidence in the leasing situation for Artist Square Towers [39][42]

智通财经APP获悉，港股恒生指数涨0.75%，涨197点，报26578点；恒生科技指数涨1.03%。港股早盘成 交1218亿港元。 今日盘后正式进入MSCI中国指数，小马智行-W(02026)涨6.78%，禾赛-W(02525)涨超4%。MSCI此前公 布了其2026年2月的指数季度调整结果。此次调整中，MSCI中国指数新纳入37只股票、包括小马智行、 商汤、禾赛等，此次调整将于2月27日收盘后生效。 钧达股份(02865)涨超21%，机构看好太空光伏打造新增长空间。 周大福创建(00659)绩后跌超3%，中期纯利同比增超15%，派息28港仙同比增加约3%。 国富量子(00290)再涨超5%，近七个交易日股价累涨四成，公司有望下月入通。 鹰普精密(01286)涨超5%再创上市新高，年初至今股价累计涨超七成。 云知声(09678)涨7.65%，推出 Unisound U1-OCR文档智能基础大模型。 国富氢能(02582)再涨2%，公司参与国家级核聚变研究平台低温系统项目。 亚博科技控股(08279)再涨超7%，节后累涨近140%，携手港金所开发国际贵金属交易平台。 新鸿基地产（00016）涨7%，基础溢利增1 ...

里昂发布研报称，新鸿基地产(00016)在2026财年上半年基本净利润同比升16.7%至122亿港元，受惠于 中国物业销售利润贡献增加，部分抵销香港物业销售和租赁利润贡献的下降。中期息派0.98港元，同比 升3.2%，令人惊喜。该行将新地目标价由110港元上调至148港元，维持其评级跑赢大市。 该行表示，鉴于市场情绪好转，将净资产折价由48%收窄至30%，与1997年以来的长期平均水平持平， 因为香港开发商在重回正常周期后，可能会恢复到平均水平。 该行表示，由于高利润率项目的竣工，未来12个月盈利前景良好。假设高利润率库存的销售能够弥补竣 工项目的不足，该行预料，2027财年及2028财年净利润将分别同比升10.2%和2.6%。 ...

该行表示，由于高利润率项目的竣工，未来12个月盈利前景良好。假设高利润率库存的销售能够弥补竣 工项目的不足，该行预料，2027财年及2028财年净利润将分别同比升10.2%和2.6%。 该行表示，鉴于市场情绪好转，将净资产折价由48%收窄至30%，与1997年以来的长期平均水平持平， 因为香港开发商在重回正常周期后，可能会恢复到平均水平。 智通财经APP获悉，里昂发布研报称，新鸿基地产(00016)在2026财年上半年基本净利润同比升16.7%至 122亿港元，受惠于中国物业销售利润贡献增加，部分抵销香港物业销售和租赁利润贡献的下降。中期 息派0.98港元，同比升3.2%，令人惊喜。该行将新地目标价由110港元上调至148港元，维持其评级跑赢 大市。 ...

FY2026 Interim Results 26 February 2026 24 February 2022 FY2026 Interim Results Cover 2 Contents In no event will SHKP, its subsidiaries, associated or affiliated companies or any of their respective directors, employees, agents, representatives or associates be responsible or liable for damages of whatever kind or nature (whether based on contract, tort or otherwise, and whether direct, indirect, special, consequential, incidental or otherwise) resulting from access to or use of any information contained i ...

摩根士丹利发表报告指，新鸿基地产去年12月底止上半财年每股派息按年增长3%，好过预期，惟隐含 股息收益率2.8%欠具吸引力。上半财年集团于香港录得的合约销售额约174亿港元，年初至今额外售出 90亿港元。全年度销售额料将超越300亿港元的全年指引。另外，香港写字楼与零售前景均呈积极态 势。另外，该行指新地净负债比率进一步降至13.5%。 3%的实际利率使利息支出按年下降37%。该行予 新地"增持"评级，目标价为120港元。 ...

新鸿基地产(00016)涨超5%，再创历史新高，年内累计涨幅超50%。截至发稿，涨4.92%，报143港元， 成交额4.37亿港元。 消息面上，新鸿基地产公布截至去年12月底止中期业绩，营业额527.05亿港元，同比增长32%；纯利 102.47亿港元，同比升36.2%；每股溢利3.54港元，拟派中期息每股0.98港元。期内，集团在撇除投资物 业公平值变动的影响后，可拨归公司股东基础溢利为122.13亿港元，同比增长16.7%；集团来自物业销 售的溢利为48.85亿元，同比升94.9%。 ...

智通财经APP获悉，新鸿基地产(00016)涨超5%，再创历史新高，年内累计涨幅超50%。截至发稿，涨 4.92%，报143港元，成交额4.37亿港元。 消息面上，新鸿基地产公布截至去年12月底止中期业绩，营业额527.05亿港元，同比增长32%；纯利 102.47亿港元，同比升36.2%；每股溢利3.54港元，拟派中期息每股0.98港元。期内，集团在撇除投资物 业公平值变动的影响后，可拨归公司股东基础溢利为122.13亿港元，同比增长16.7%；集团来自物业销 售的溢利为48.85亿元，同比升94.9%。 ...

| 股票名称 | 沽空金额↓ | 沽空比率 | 偏离值 | | --- | --- | --- | --- | | 阿里巴巴-W(09988) | 15.03 亿元 | 10.51% | -2.02% | | 中国平安(02318) | 13.20 亿元 | 32.00% | 3.87% | | 腾讯控股(00700) | 8.92 亿元 | 6.75% | -1.56% | | 汇丰控股(00005) | 7.71 亿元 | 17.54% | -1.77% | | 美团-W(03690) | 7.60 亿元 | 23.38% | 1.92% | | 小米集团-W(01810) | 6.98 亿元 | 16.03% | -5.75% | | 新鸿基地产(00016) | 5.85 亿元 | 45.19% | 6.30% | | 紫金矿业(02899) | 5.73 亿元 | 23.75% | 4.90% | | 宁德时代(03750) | 5.49 亿元 | 27.70% | 3.43% | | 友邦保险(01299) | 5.41 亿元 | 24.00% | 5.57% | 前十大沽空偏离值排行 | 股票名 ...

Market Overview - On Thursday, the three major U.S. stock indices showed mixed performance, while the Hang Seng Index ADR rose, closing at 26,429.77 points, an increase of 48.75 points or 0.18% compared to the Hong Kong market close [1]. Company Performance - Major blue-chip stocks exhibited varied performance: HSBC Holdings closed at HKD 147.859, up 1.97% from the Hong Kong market close; Tencent Holdings closed at HKD 513.204, up 0.24% [3]. - Tencent Holdings reported a price of HKD 512.000, with a decline of 2.01%, while its ADR price was 513.204, reflecting a 0.24% increase [4]. - Alibaba Group's stock price was HKD 143.000, down 3.57%, with its ADR at 144.779, showing an increase of 1.779% [4]. - HSBC's stock price was HKD 145.000, up 1.61%, with its ADR at 147.859, reflecting a 1.97% increase [4]. - China Ping An's stock price decreased by 4.64% to HKD 67.850, while its ADR showed a slight increase of 0.49% [4]. - Meituan's stock price fell by 2.72% to HKD 80.450, with its ADR showing a minimal change of -0.03% [4].