Group 1 - Guangdong Nanyue Real Estate Development Co., Ltd. successfully acquired Shantou Yihua International Hotel for 224 million yuan [23] - The auctioned property is currently used as a hotel, but the furniture and facilities inside are not included in the sale [5] - The land use rights for the hotel were obtained through a transfer, with approximately 6 years and 5 months remaining on the lease [5] Group 2 - Guangdong Nanyue Real Estate was established in 2002, with a registered capital of 20 million yuan, and is primarily engaged in real estate development [6] - The company has developed several projects in Guangzhou and Jiangmen, including Nanyue Building and Tianshou Building [6] - The chairman, Lv Shuangyue, has a notable background, having received multiple awards for his contributions to the construction industry and local community [8][10] Group 3 - Shantou Yihua International Hotel was built in 1988 and was the first four-star hotel in the region, later upgraded to a five-star standard in 2015 [14][15] - The hotel has faced multiple auction attempts due to legal disputes, with previous auctions failing to attract bids [17] - The starting auction price for the hotel was reduced from 310 million yuan to 220 million yuan over time [17]

Core Insights - The company reported a total revenue of HKD 257 million for the six months ending June 30, 2025, representing a year-on-year increase of 5.19% [1] - The loss attributable to shareholders narrowed to HKD 15.198 million, a reduction of 53.03% compared to the previous year [1] - Basic loss per share was HKD 0.017 [1] Revenue Breakdown - Revenue from hotel operations increased by 3% to HKD 231 million [1] - The company currently operates seven hotels and leases one hotel located in London [1]

Group 1 - The company reported total revenue of HKD 257 million for the six months ending June 30, 2025, representing a year-on-year increase of 5.2% [1] - Gross profit amounted to HKD 34.036 million, showing a significant year-on-year increase of 72.6% [1] - The loss attributable to the company's owners was HKD 15.198 million, an improvement from a loss of HKD 32.36 million in the same period last year [1] - Basic loss per share was HKD 0.017 [1]

Group 1 - The core viewpoint of the article highlights that Huada Hotel (00201) reported a total revenue of HKD 257 million for the six months ending June 30, 2025, representing a year-on-year increase of 5.19% [1] - The company recorded a loss attributable to shareholders of HKD 15.198 million, which narrowed by 53.03% compared to the previous year [1] - The basic loss per share was reported at HKD 0.17 [1] Group 2 - The group currently operates eight hotels, with seven in operation and one hotel located in London being leased [1] - Revenue from operating hotels increased by 3% to HKD 231 million [1]

Core Viewpoint - The companies BGI Hotel, Shunhao Properties, and Shunhao Holdings anticipate significant increases in net profit for the mid-2025 period compared to the same period in 2024, driven by improved hotel revenues and reduced operational costs [1][2] Group 1: Financial Projections - BGI Hotel expects a net profit of no less than HKD 59 million for mid-2025, up from HKD 42 million in 2024, representing an increase of over 40% [1] - Shunhao Properties anticipates a net profit of no less than HKD 78 million for mid-2025, compared to HKD 61 million in 2024, reflecting an increase of over 28% [1] - Shunhao Holdings projects a net profit of no less than HKD 38 million for mid-2025, up from HKD 30 million in 2024, indicating an increase of over 27% [1] Group 2: Factors Influencing Profit Changes - The expected increase in net profit for mid-2025 is primarily attributed to higher hotel revenues, reduced operational costs, and lower financial costs [2] - Despite the profit increases, Shunhao Properties and Shunhao Holdings are expected to see a decrease in net profit when accounting for property revaluation and non-cash depreciation due to a weak property market leading to declines in non-cash property valuations [2]

Core Viewpoint - The companies BGI Hotel, Shunhao Properties, and Shunhao Holdings expect significant increases in net profit for the mid-term of 2025 compared to the same period in 2024, driven by improved hotel revenues and reduced operational costs [1][2]. Group 1: Financial Projections - BGI Hotel anticipates a net profit of no less than HKD 59 million for the mid-term of 2025, up from HKD 42 million in 2024, representing an increase of over 40% [1] - Shunhao Properties expects a net profit of no less than HKD 78 million for the mid-term of 2025, compared to HKD 61 million in 2024, indicating an increase of over 28% [1] - Shunhao Holdings projects a net profit of no less than HKD 38 million for the mid-term of 2025, up from HKD 30 million in 2024, reflecting an increase of over 27% [1] Group 2: Factors Influencing Profit Changes - The expected increase in net profit for 2025 is primarily attributed to higher hotel revenues, reduced operational costs, and lower financial costs [2] - Despite the profit increases, Shunhao Properties and Shunhao Holdings are projected to experience a decrease in net profit when accounting for property revaluation and non-cash depreciation due to a weak property market leading to lower non-cash property valuations [2]

各位非登記股東 1 ： THE HONGKONG AND SHANGHAI HOTELS, LIMITED ( 於香港註冊成立的有限公司 ) (股份代號: 45) 2025 中期報告的發布通知 2025 中期報告的中英文版本已上載於香港上海大酒店有限公司（「本公司」）網站 www.hshgroup.com（「本公司網 站」）及香港交易及結算所有限公司網站 www.hkexnews.hk（「香港交易所網站」）。閣下可於本公司網站「投資者」一 項閲覽 2025 中期報告。 如閣下已選取收取本公司公司通訊 2 的印刷本，2025 中期報告的中英文版本已隨本函附上。 閣下若因任何理由以致在收取或閱覽本公司網站上的 2025 中期報告出現困難，閣下可將要求（註明閣下的姓名、地 址及要求）以電郵方式發送至 hsh.ecom@computershare.com.hk 或以書面方式郵寄至本公司的股份登記處 — 香港中央證 券登記有限公司（「股份登記處」），地址為香港灣仔皇后大道東 183 號合和中心 17M 樓。股份登記處將於閣下提出要 求後立即免費寄上 2025 中期報告的印刷本。 以電子方式發布公司通訊之安排 根據香港聯 ...

( 於香港註冊成立的有限公司 ) (股份代號: 45) THE HONGKONG AND SHANGHAI HOTELS, LIMITED 各位登記股東： 2025 中期報告的發布通知 2025 中期報告的中英文版本已上載於香港上海大酒店有限公司（「本公司」）網站 www.hshgroup.com（「本公司網 站」）及香港交易及結算所有限公司網站 www.hkexnews.hk（「香港交易所網站」）。閣下可於本公司網站「投資者」一 項閲覽 2025 中期報告。 如閣下為新登記股東（即閣下之前尚未收到本公司有關選擇公司通訊 1 方式的信函）及已選取收取本公司公司通訊 印刷本的股東，2025 中期報告的中英文版本已隨本函附上。 代表董事局 香港上海大酒店有限公司 公司秘書 藍天 謹啟 2025 年 8 月 20 日 閣下若因任何理由以致在收取或閱覽本公司網站上的 2025 中期報告出現困難，閣下可將要求（註明閣下的姓名、地 址及要求）以電郵方式發送至 hsh.ecom@computershare.com.hk 或以書面方式郵寄至本公司的股份登記處 — 香港中央證 券登記有限公司（「股份登記處」），地址為香港灣仔皇 ...

Interim Report 2025 中期報告 The Repulse Bay, located on the historic site of the original 1920 Repulse Bay Hotel, is a premier residential and shopping destination on Hong Kong's Southside. Overlooking the scenic Repulse Bay beach and South China Sea, the complex features eight apartment towers and a retail arcade with exquisite dining options. In 2024, The Repulse Bay underwent significant enhancements, including lush new landscaping at Palm Court and Spices Terrace. The Arcade now features a variety of lifes ...

历经四年风波，恒大放弃挣扎了。 8月12日晚，停牌18个月的中国恒大集团发布公告，港交所上市委员会因其一再未能满足复牌要求、股份长期停牌，决定取消其上市地位。 这也意味着，这家市值曾超4000亿港元的地产巨头近16年的上市之路将正式终结。 可退市的钟声敲得再响，也敲不走那些填不完的窟窿。 公开信息显示，截至7月31日，恒大还有约3500亿港元的债务尚未偿还。 业内关心的是，恒大旗下众多的酒店资产如两家安缦酒店、成都瑞吉酒店以及自营的22家恒大酒店未来将何去何从？ 是被清盘偿债？还是另寻出路？ 01 昔日辉煌的恒大酒店帝国 喜欢站在舞台中央的许老板，曾许下宏愿——恒大要造车、要进军酒旅、要多元化。 足球、酒店、保险、粮油…恒大的触角伸向几乎所有领域。 那是一个房企只要有足够现金流，就能去做任何梦的年代。 而恒大的酒店梦，从2007年开始。 恒大酒店集团2007年成立，第一家酒店广州恒大酒店2009年开业，以后逐步布局于广州、天津、上海、重庆、成都、武汉、南京、海口、林芝等50多个地 区。 和国内大多数地产系酒店一样，初期的恒大酒店就定位奢华度假综合体，自建了很多豪华五星级酒店。 此后，恒大并购了2010年开业的 ...