Group 1: Market Overview - The Hang Seng Index closed down 269 points or 1.12%, ending at 23,710, with significant pressure on large technology stocks [2][3] - Major technology stocks such as Tencent, Alibaba, and Meituan experienced declines of 1.1%, 2.3%, and 3.5% respectively [3] - The overall market turnover was 181.93 billion [2] Group 2: Macroeconomic and Industry Dynamics - The Hong Kong International Airport is enhancing multimodal transport services in collaboration with Zhuhai Airport, aiming to increase passenger and cargo flow [6][7] - The Hong Kong government signed a cooperation plan with Shanghai to deepen financial market connectivity and support Shanghai enterprises in raising funds in Hong Kong [8] - The central government supports the construction of Shanghai as an international financial center, aiming to enhance its global competitiveness and influence [9] Group 3: Company News - Hong Kong International Holdings reported a significant loss of 786 million, with a revenue drop of 55.51% year-on-year [11] - Hong Kong Express plans to maintain its flight routes to Japan despite market fluctuations, indicating confidence in long-term demand [12] - ST Pharm's caffeine product received EU CEP certification, enhancing its international market presence and brand image [13] Group 4: Strategic Developments - Standard Chartered's new chairman emphasized Hong Kong's strategic importance and its role as a major profit contributor for the group [14]

Group 1: Market Overview - Morgan Stanley expresses limited confidence in the Hang Seng Index surpassing 24,500 points unless trade tensions and tariff issues quickly ease [1] Group 2: Company News - Zhangli International (01693.HK) signs a global GPU computing power leasing agreement [1] - Stone Four Pharmaceutical Group (02005.HK) announces that its caffeine has obtained EU CEP certification [1] - Zhongjia Guoxin (00899.HK) issues a profit warning, expecting a net loss of no less than 450 million HKD for the year [1] - Comprehensive Environmental Group (00923.HK) issues a profit warning, anticipating a 650% increase in annual loss attributable to shareholders [1] - China Port Energy (00931.HK) issues a profit warning, expecting a loss attributable to shareholders of 100 to 120 million HKD for the year [1] - Xie Ruilin (00417.HK) issues a profit warning, expecting a narrowing of annual loss attributable to shareholders to no more than 200 million HKD [1] - Hezhima Intelligent (02533.HK) plans to acquire an AI chip company to enhance its smart automotive and robotics industry chain [1] - Cathay Haitong (02611.HK) receives approval from the China Securities Regulatory Commission to publicly issue up to 15 billion HKD in bonds for technology innovation companies [2] - Jiachuang Real Estate (02421.HK) issues a profit warning, expecting a 50% year-on-year decline in profit attributable to shareholders [2] - China Investment Financing (01226.HK) reports an annual performance with a loss attributable to shareholders of 5.475 million HKD, narrowing by 85.5% year-on-year [2] - Hong Kong Industrial International (00480.HK) announces annual results with a loss attributable to shareholders of 786 million HKD, widening by 67.95% year-on-year [2]

Financial Performance - The group's revenue for the fiscal year 2025 was HKD 1,753.4 million, a decrease of 56% compared to HKD 3,940.7 million in the previous year[3]. - The underlying profit for the fiscal year 2025 was HKD 70.0 million, down from HKD 172.6 million in the previous year[3]. - The loss attributable to the company's owners was HKD 786.0 million, an increase of 318.0 million from HKD 468.0 million in the previous year[3]. - Total comprehensive loss for the year amounted to HKD 874.0 million, compared to HKD 1,108.9 million in the previous year[7]. - The group recorded a pre-tax loss of HKD 677.4 million, compared to a loss of HKD 173.2 million in the previous year[6]. - The company reported a net loss of HKD 770.6 million for the fiscal year ending March 31, 2025, which includes a non-controlling interest loss of HKD 15.4 million[20]. - The company reported a basic loss of HKD 786.0 million for fiscal year 2025, compared to a loss of HKD 468.0 million in the previous year[64]. Revenue Breakdown - Revenue from property development was HKD 303.1 million, down from HKD 2,554.8 million in the previous year, indicating a significant decrease of about 88.1%[18][19]. - Rental income for the year was HKD 440.2 million, compared to HKD 459.2 million in the previous year, reflecting a slight decline of approximately 4.1%[18][19]. - The revenue from hotel operations was HKD 248.4 million, slightly down from HKD 252.3 million in the previous year, a decrease of about 1.5%[18][19]. - For the fiscal year ending March 31, 2025, total revenue from property sales was HKD 277.1 million, a significant decrease from HKD 2,521.9 million in 2024, representing a decline of approximately 89%[26]. - The investment property segment recorded revenue of HKD 526.0 million in fiscal year 2025, slightly down from HKD 551.0 million in fiscal year 2024, with a profit of HKD 581.9 million[66]. - The transportation services and property management segment achieved revenue of HKD 306.3 million in fiscal year 2025, an increase from HKD 285.8 million in fiscal year 2024, with a profit of HKD 50.0 million[67]. - The leisure business generated revenue of HKD 369.6 million in fiscal year 2025, up from HKD 296.8 million in fiscal year 2024, with a profit of HKD 42.8 million[69]. Asset and Liability Management - Non-current assets decreased from HKD 30,695.3 million in 2024 to HKD 30,452.4 million in 2025[8]. - The company's total assets less current liabilities amounted to HKD 38,370.2 million in 2025, up from HKD 36,465.9 million in 2024, indicating a growth of about 5.2%[9]. - The equity attributable to owners of the company decreased to HKD 22,475.9 million in 2025 from HKD 23,358.3 million in 2024, a decline of approximately 3.8%[9]. - Non-current liabilities rose to HKD 13,090.3 million in 2025 from HKD 10,319.0 million in 2024, representing an increase of approximately 27.3%[9]. - The capital debt ratio as of March 31, 2025, was 45.1%, up from 38.6% in 2024, with shareholders' equity decreasing by HKD 882.4 million to HKD 22,475.9 million[72]. - The group’s total available credit facilities amounted to HKD 18,715.0 million as of March 31, 2025, with unutilized credit of approximately HKD 6,484.2 million[73]. Cash Flow and Financial Position - Cash and cash equivalents increased to HKD 2,049.5 million from HKD 1,605.8 million in the previous year[8]. - As of March 31, 2025, the group held total bank balances and cash of HKD 2,049.5 million, an increase from HKD 1,605.8 million in 2024, with net debt amounting to HKD 10,141.3 million compared to HKD 9,021.4 million in 2024[70]. - The average financing cost for the fiscal year 2025 was 5.6%, down from 5.9% in the previous year[74]. - The total financial expenses for 2025 amounted to HKD 802.0 million, up from HKD 769.2 million in 2024, reflecting a 4.0% increase[4]. Operational Highlights - The company operates through five segments: property development, property investment, transportation services, property management, and hotel and leisure business[17]. - The group plans to launch over 1,400 residential units in the new development project at Discovery Bay, with the first batch of approximately 320 units expected to be available for sale by the end of 2025 or early 2026[45]. - The group is upgrading facilities at the Discovery Bay Golf Club and renovating the waterfront clubhouse to enhance the community experience[46]. - The group has received approval for residential development projects in areas 6f and 10b of Discovery Bay, paving the way for future expansion[46]. - The group is exploring light-asset management opportunities to expand its business amid the current global economic environment[49]. Market and Economic Conditions - Revenue from mainland China plummeted to HKD 191.7 million in 2025 from HKD 2,194.7 million in 2024, representing a decline of approximately 91%[28]. - Revenue from Southeast Asia decreased to HKD 105.4 million in 2025 from HKD 233.5 million in 2024, a decline of about 55%[28]. - The group plans to focus on high-spending core markets, including the US, UK, and Europe, while expanding into emerging luxury travel markets in India and the Middle East[60]. - The group continues to implement strict cost control measures, resulting in a 9.6% reduction in sales, administrative, and other operating expenses[64]. Dividends and Share Capital - The group did not declare a final dividend for the fiscal year 2025, consistent with the previous year[4]. - The group’s total issued and paid-up share capital as of March 31, 2025, is HKD 371.3 million, with 1,485,301,803 shares issued[12].

作为可持续发展领域的先行者，香港兴业国际始终坚持ESG发展，积极开展环境、社会及管治工 作。近日，旗舰项目香港愉景湾首次荣获香港环保卓越大奖（HKAEE）的最高荣誉——物业管理（住 宅）组别金奖。该奖项由香港环境运动委员会、环境及生态局联同其他九个机构合办，为香港最具指标 性的ESG奖项之一。此次愉景湾获得殊荣，足见社会及行业对其绿色经营成效之认可。 与此同时，集团旗下商业综合项目上海兴业太古汇首次参与全球房地产可持续发展标准(Global Real Estate Sustainability Benchmark, GRESB)评核，获四星评级，反映出集团对可持续发展的坚定信 念，亦证明兴业太古汇在国际资本市场的地位。兴业太古汇更于今年三月获颁核心体WELL铂金级认 证，展示集团在建筑环境中兑现健康及福祉方面的承诺。 自创立之初，香港兴业国际便坚定践行可持续发展理念，实现"创造品味生活"的长久价值。未来， 香港兴业国际将继续携手旗下项目以及更多合作伙伴、业界同仁，探索并实施更多可持续发展的解决方 案，共同构建绿色环保的美好未来。 （文章来源：智通财经） 多措并举践行可持续承诺，香港兴业国际 (00480.HK ...

Financial Performance - For the six months ended September 30, 2024, the company's revenue was HKD 852.5 million, a decrease of 73.0% compared to HKD 3,157.1 million in the same period last year[10]. - The company recorded a loss attributable to shareholders of HKD 474.3 million, a decline of HKD 592.0 million from a profit of HKD 117.7 million in the previous year[10]. - Gross profit for the same period was HKD 299.4 million, down 73.1% from HKD 1,110.7 million year-on-year[113]. - The group reported a loss before tax of HKD 490.3 million, compared to a profit of HKD 461.5 million in the previous year[113]. - The net loss for the period was HKD 540.0 million, a significant decline from a profit of HKD 115.6 million in the prior year[113]. - Basic and diluted loss per share was HKD 31.9 cents, compared to earnings of HKD 7.9 cents per share in the same period last year[113]. - The group experienced a significant increase in financial expenses, totaling HKD 210.4 million, compared to HKD 189.9 million in the previous year[113]. - The group reported a net loss of HKD 152.7 million after excluding unrealized gains or losses from investment properties, compared to a profit of HKD 192.2 million in the same period last year[160]. - The group's attributable profit for the period was HKD (474.3) million, a significant decrease from HKD 117.7 million in the previous year, indicating a decline of 503%[160]. Revenue Breakdown - The revenue from property development was HKD 187.1 million, while property investment generated HKD 269.7 million, and hotel operations contributed HKD 99.3 million[141]. - The revenue from customer contracts totaled HKD 628.7 million, with HKD 187.1 million from property development and HKD 269.7 million from property investment[141]. - The group's performance in the Hong Kong market accounted for HKD 705.2 million of the total revenue, while the mainland China market contributed HKD 106.9 million[141]. - The total segment revenue from property development, property investment, transportation services, hotel operations, and leisure activities was HKD 2,077.1 million[147]. - The total rental income reported was HKD 223.8 million, with HKD 220.6 million coming from property investment[141]. Asset and Liability Management - Total assets increased to HKD 43,029.2 million from HKD 42,126.8 million year-on-year, while total liabilities rose to HKD 17,097.1 million from HKD 15,508.0 million[7]. - As of September 30, 2024, the group held total bank balances and cash of HKD 2,228.2 million, up from HKD 1,605.8 million as of March 31, 2024, while net debt stood at HKD 9,343.8 million, compared to HKD 9,021.4 million previously[55]. - The capital debt ratio as of September 30, 2024, was 40.3%, an increase from 38.6% on March 31, 2024, indicating a rise in leverage[59]. - The average financing cost for the period was 5.7%, compared to 5.5% in the same period last year, reflecting a slight increase in borrowing costs[60]. - The group’s shareholder equity decreased by HKD 149.1 million to HKD 23,209.2 million as of September 30, 2024, from HKD 23,358.3 million as of March 31, 2024[58]. - The total amount of standby loans as of September 30, 2024, was HKD 16,611.0 million, down from HKD 17,611.0 million as of March 31, 2024, with 81.9% being committed credit[59]. Property Development and Investment - The property development and investment business generated revenue of HKD 1,030 million, including HKD 573 million from joint ventures and associates[12]. - The property development segment recorded a loss of HKD 240.3 million, a significant decline from a profit of HKD 214.5 million in the same period last year, attributed to a lack of new development projects and a cautious market sentiment[50]. - The property investment segment's performance decreased by 5.7% to HKD 285.1 million, down from HKD 302.2 million, due to a decline in rental income from lower occupancy rates and rental renewals[51]. - The company is advancing the "Discovery Bay 2.0 Blueprint," which will add over 1.3 million square feet of gross floor area and over 1,400 residential units by Q1 2026[13]. - The company plans to develop a new high-end apartment project in Jiaxing, China, with a plot ratio of 2.1, having obtained planning and construction permits in March 2024[18]. Market and Sales Strategies - The company is implementing targeted sales strategies for residential projects in Shanghai and Hangzhou amid a recovering market environment[18]. - 71% of units in Xing Yun Jian, Shanghai, were sold by September 30, 2024, after sales commenced in January 2024[19][23]. - All sold units in Yao Xian Li, Hangzhou, began delivery to buyers in April 2024[19]. - In Tai Po Lin Hai Shan Cheng, 72 out of 262 units were sold, resulting in sales revenue of HKD 402.8 million, with 16 units sold during the period[20]. Occupancy Rates and Property Management - The average occupancy rate for Yujing Plaza and Yujing North Mall was 78.8% during the period, reflecting a slight impact from market conditions[24]. - The average occupancy rate for Tsuen Wan Chung Yip Building was approximately 91.6% during the period, despite challenging market conditions[24]. - The average occupancy rate for Hong Kong Industrial Centre was 81.7% during the period, indicating a competitive leasing environment[29]. - The group is enhancing its property management services, receiving recognition for sustainable development and safety initiatives[32]. Hotel Operations - The hotel business segment reported an overall loss of HKD 30.7 million, compared to a loss of HKD 15.2 million in the same period last year, with occupancy rates affected by changing consumer behavior and increased competition[53]. - The Hong Kong Discovery Bay Hotel actively participated in trade fairs and overseas sales roadshows, expanding its wedding business and enhancing family accommodation experiences[36]. - The Shanghai Sukothai Hotel achieved high occupancy rates and strong price growth by establishing strategic market positioning and offering personalized accommodation experiences[37]. - The Sukhothai Bangkok's occupancy and revenue growth slowed due to oversupply in the Bangkok hotel market, despite significant upgrades to guest rooms and pool facilities[38]. - The new luxury spa facility, The Sukhothai Spa, is set to officially open in August 2024, marking an important milestone for luxury hotels in Bangkok[39]. Corporate Governance and Compliance - The company is committed to good corporate governance, adhering to the principles of the corporate governance code[89]. - The company has adopted the standard code of conduct for securities trading as per the listing rules, ensuring compliance by all directors[94]. Future Outlook and Strategic Initiatives - The group plans to focus on sustainable business development and strategic growth initiatives, including future residential projects and enhancing surrounding commercial and leisure facilities[46]. - The group aims to maintain a prudent approach to market monitoring and seek value-added opportunities while adhering to strict risk management strategies[47]. - Future outlook includes potential market expansion and new product development strategies[126].

Financial Performance - The group's revenue for the six months ended September 30, 2024, was HKD 852.5 million, a decrease of 73.0% compared to HKD 3,157.1 million in the same period last year, primarily due to no new development projects completed in Hong Kong and mainland China during this period [4]. - The group recorded a loss attributable to the company's owners of HKD 474.3 million, a decrease of HKD 592.0 million compared to a profit of HKD 117.7 million in the same period last year [4]. - The group's gross profit for the period was HKD 299.4 million, down from HKD 1,110.7 million in the previous year [7]. - The company reported a comprehensive loss of HKD 540.0 million for the period, compared to a profit of HKD 115.6 million in the previous year [10]. - The company's basic loss per share was HKD 31.9, compared to earnings of HKD 7.9 per share in the previous year [7]. - The group incurred a net loss attributable to shareholders of HKD 474.3 million for the six months ending September 30, 2024 [34]. - The group's share of profit from joint ventures and associates was HKD 68.9 million, compared to HKD 504.5 million in the previous year [34]. - The hotel business segment reported an overall loss of HKD 30.7 million, compared to a loss of HKD 15.2 million in the same period last year, impacted by changes in consumer behavior and increased competition in the hotel market [92]. Dividends and Equity - The company has decided not to declare any interim dividend for this period, consistent with the previous year's decision [5]. - The total equity attributable to the company's owners was HKD 23,209.2 million, slightly down from HKD 23,358.3 million, reflecting a decrease of approximately 0.6% [19]. - The company did not declare any interim dividend for the six months ended September 30, 2024, and no final dividend for the fiscal year ending March 31, 2024 [44]. Assets and Liabilities - The group's non-current assets, including investment properties, amounted to HKD 13,919.2 million as of September 30, 2024, compared to HKD 13,843.2 million as of March 31, 2024 [17]. - Current assets totaled HKD 12,103.5 million, an increase from HKD 11,129.4 million as of March 31, 2024 [17]. - The group's total assets less current liabilities stood at HKD 34,843.3 million, down from HKD 36,465.9 million [17]. - As of September 30, 2024, the company's total non-current liabilities decreased to HKD 8,911.2 million from HKD 10,319.0 million as of March 31, 2024, representing a reduction of approximately 13.7% [19]. - The total liabilities as of September 30, 2024, were HKD 25,932.1 million, compared to HKD 26,146.9 million as of March 31, 2024, indicating a slight decrease of about 0.8% [19]. - The net debt as of September 30, 2024, was HKD 9,343.8 million, compared to HKD 9,021.4 million as of March 31, 2024 [95]. - The group's capital debt ratio increased to 40.3% as of September 30, 2024, from 38.6% as of March 31, 2024 [97]. Revenue Streams - Revenue from property development for the six months ended September 30, 2024, was HKD 175.4 million, while hotel revenue was HKD 99.3 million, contributing to a total revenue of HKD 852.5 million [27]. - The company reported rental income of HKD 220.6 million, which is part of the total income from property management [27]. - The total income from customer contracts was HKD 628.7 million, showing a diversified revenue stream across different segments [27]. - The company operates five business segments: property development, property investment, transportation services, hotel operations, and leisure business, each contributing to overall revenue [26]. Market and Development Outlook - The company anticipates continued market expansion and potential new product developments in the upcoming quarters, although specific figures were not disclosed [21]. - The company is advancing the "Discovery Bay 2.0 Blueprint," which includes new residential projects adding over 1,400 units and 1.3 million square feet of total floor area expected to be completed in Q1 2026 [54]. - The company plans to construct a new multi-purpose recreation center, with groundwork completed and major construction expected to commence in Q2 2025 [55]. - The company has received approval for land use changes to provide over 800 residential units, significantly increasing future land reserves [55]. - The group is actively optimizing its property portfolio in Discovery Bay to meet resident needs and enhance the overall experience, including introducing various dining options [66]. Operational Performance - The property development segment recorded a loss of HKD 240.3 million, compared to a profit of HKD 214.5 million in the same period last year, primarily due to no new development projects launched during the period [89]. - The property investment segment's performance declined by 5.7% to HKD 285.1 million, down from HKD 302.2 million, attributed to a decrease in rental income due to lower occupancy rates and rental renewals [90]. - The transportation services and property management segment saw an increase of 10.7% to HKD 16.6 million, up from HKD 15.0 million, driven by a steady rise in average daily passenger volume for bus services [91]. - The leisure business segment recorded a loss of HKD 2.0 million, an improvement from a loss of HKD 12.0 million, mainly due to increased income from bond transfers and enhanced cost control measures across all operational units [94]. Employee and Corporate Governance - The group currently employs 1,450 staff members and is committed to enhancing employee welfare and maintaining a positive work environment [85]. - The board of directors includes Executive Chairman Mr. Cha Mau Cheng and CEO Mr. Tang Man Wah [109]. - The company is committed to compliance with the Hong Kong Companies Ordinance [109].

香港興業國際集團有限公司 HKR International Limited Stock Code 股份代號:00480 P for ANNUAL REFOR Vill ell F s id 12 e and the e, w et e a p3d 412 the in the ed Contents 目錄 02 04 06 10 16 40 47 69 93 94 100 110 111 112 114 116 118 240 241 | | | |------------------------------------------------|--------------------------| | Corporate Profile | 公司簡介 | | Highlights of the Year | 年度大事摘要 | | Awards and Recognitions | 獎項及嘉許 | | Chairman's Statement | 主席報告 | | Management Discussion and Analysis | 管理層討論及分析 | | Board of Directors | 董 ...

為符合於2023年8月1日生效的物業管理發牌制度，集團的住宅及商業物業管理公 司已獲取所需牌照，彰顯集團提供優質物業管理服務的承諾，同時亦成立了一個 專責小組，以確保團隊遵守物業管理業監管局訂立的操守守則。 泰國 泰國經濟在旅遊業帶動下逐步復甦。於2024財年，The Sukhothai Bangkok繼續受惠 於海外遊客的增長。為提升住客體驗，酒店於2024財年完成泳池的翻新工程，並 於 2024 年 4 月 推 出 專 屬 會 員 計 劃 ； 客 房 翻 新 已 經 竣 工 ， 而 豪 華 水 療 設 施 The Sukhothai Spa亦即將竣工，並預計於2024年第2季開幕。 於2023年，泰國接待2,800萬人次外國旅客，較前一年顯著增長，並創下疫情以來 最高訪客入境人次紀錄。為吸納新的住客，酒店將持續推出主題活動及進行策略 性合作，以提升其產品及服務；同時通過與網紅及行業夥伴協作，擴大市場推廣 的效用。 休閒業務 集團的休閒業務憑藉其創新設計、頂尖基礎建設、先進科技和卓越的營運水平， 穩步確立行業領導地位。 愉 景 灣 擁有 四 個 優 質 會所 ， 分 別 是 愉景 灣 康 樂 會（「 DBR ...

Financial Performance - The group recorded a consolidated revenue of HKD 3,157.1 million for the six months ended September 30, 2023, representing a 296.5% increase compared to HKD 796.3 million for the same period last year[10]. - The profit attributable to the company's owners was HKD 117.7 million, up 568.8% from HKD 17.6 million in the previous year[10]. - Basic earnings per share for the period were HKD 0.079, compared to HKD 0.012 for the same period last year[11]. - The property development segment recorded a profit of HKD 214.5 million, a significant improvement from a loss of HKD 111.5 million in the same period last year[46]. - The property investment segment's performance increased by 8.5% to HKD 302.2 million, compared to HKD 278.6 million for the same period last year[47]. - The hotel business segment reported a loss of HKD 15.2 million, worsening from a loss of HKD 4.9 million in the same period last year[49]. - The leisure business segment recorded a loss of HKD 12.0 million, compared to a profit of HKD 17.1 million in the same period last year[50]. - The group reported a net profit for the period of HKD 115.6 million, compared to HKD 38.9 million in 2022, marking an increase of 196.1%[102]. - The group reported a pre-tax profit of HKD 189.9 million for the six months ended September 30, 2023, compared to HKD 85.3 million in the previous year[130]. Assets and Liabilities - The group's total assets amounted to HKD 42,126.8 million, while total liabilities were HKD 15,508.0 million as of September 30, 2023[7]. - As of September 30, 2023, the group's total cash and bank balances amounted to HKD 2,992.2 million, down from HKD 6,212.6 million as of March 31, 2023[51]. - The net debt as of September 30, 2023, was HKD 7,729.2 million, an increase from HKD 5,366.5 million as of March 31, 2023[51]. - The capital debt ratio increased to 32.5% as of September 30, 2023, compared to 22.0% as of March 31, 2023[54]. - The company's equity attributable to owners decreased to HKD 23,753.5 million from HKD 24,397.9 million, reflecting a decline of about 2.6%[106]. - Total assets as of September 30, 2023, were HKD 26,618.8 million, down from HKD 27,270.9 million, indicating a decrease of approximately 2.4%[106]. - Current liabilities decreased to HKD 3,970.5 million from HKD 7,202.2 million, indicating improved liquidity management[104]. - The group's net asset value as of September 30, 2023, is HKD 6,893.5 million, down from HKD 7,341.9 million as of March 31, 2023, indicating a decline of about 6.1%[150]. Property Development and Investment - The group’s property development and investment business generated revenue of HKD 3,357 million, including HKD 589 million from joint ventures and associates[13]. - The group has ongoing residential redevelopment projects in Hollywood Road and Moro Street, expected to be completed by the end of 2025[18]. - The group sold 1 unit in the Yuejing Bay Yiti project during the period, generating sales revenue of HKD 52.3 million[19]. - The luxury residential project Xingyi Garden in Jiaxing City has sold 99% of its 392 units since its launch in March 2023, with most units delivered by July 2023[21]. - The group acquired a residential land parcel in Jiaxing City with a total floor area of 1,415,000 square feet, with construction expected to start in March 2024[21]. - The average occupancy rate for the group's property investment project in Discovery Bay is 82%, with plans to optimize facilities and environment[24]. - The average occupancy rate for Tsuen Wan's main retail and office tenants reached 92%, with improved consumer sentiment leading to increased retail sales and foot traffic[24]. - The average occupancy rate for the Hong Kong Xingye Center in Shanghai reached 98%, with retail sales increasing by over 50% as social activities resumed[26]. Market Outlook and Strategy - The group anticipates continued downward trends in the Hong Kong residential property market due to rising interest rates and overall economic weakness[14]. - The group is actively promoting the "Yuejing Bay 2.0" blueprint, which includes the construction of a multi-purpose activity center to enhance facilities and services in the area[16]. - The group plans to launch a series of brand activities in early 2024 to revitalize the Yuejing Bay brand and position it as an international community and destination[16]. - The group aims to expand its business in the Yangtze River Delta region and is cautiously seeking new investment opportunities[43]. - The group plans to enhance services and products through innovative marketing strategies, including flagship events and international competitions[44]. Cash Flow and Financing - The net cash used in operating activities for the six months ended September 30, 2023, was HKD (1,700.8) million, compared to HKD (346.9) million for the same period in 2022[113]. - The net cash used in investing activities was HKD (224.8) million, a decrease from HKD (362.8) million year-over-year[113]. - New bank and other loans amounted to HKD 4,300.0 million, an increase from HKD 2,900.0 million in the previous year[113]. - The total cash and cash equivalents at the end of the period were HKD 2,992.2 million, up from HKD 1,920.4 million at the end of the previous year[113]. - The average financing cost for the period was 5.5%, significantly higher than the previous year's rate of 1.8%[55]. Shareholder Information - Major shareholders as of September 30, 2023, include CCM Trust (Cayman) Limited with 715,617,969 shares (48.17%), and LBJ Regents (PTC) Limited with 101,084,280 shares (6.81%)[76]. - The total number of share options granted under the 2021 plan is 148,530,180 shares, representing 10% of the issued share capital at the time of adoption[69]. - The company did not purchase, sell, or redeem any of its listed securities during the period[79]. - The company has a total of HKD 8,160.3 million in loans and guarantees provided to associated companies, representing 19.4% of the group's total assets of HKD 42,126.8 million as of September 30, 2023[89]. Corporate Governance and Compliance - The company has confirmed compliance with the standard code for securities trading by all directors during the reporting period[82]. - The company has adopted the corporate governance code as per the listing rules, ensuring adherence to applicable provisions and best practices[80]. - The company has seen changes in its board of directors, with recent resignations and appointments effective from August 2023[83][84].

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。 （ 於開曼群島註冊成立之有限公司） （股份代號：00480） HKR International Limited 香 港 興 業 國 際 集 團 有 限 公 司（「 本 公 司」）董 事 會（「 董 事 會」）宣佈本公司及其附屬公司（「集團」）截至2023年9月30日止6個月（「本期間」）之 業績。 中期業績 綜合收入及基礎溢利大幅上升，主要由於去年同期之收入及溢利基數相對較低， 在此期間香港及中國內地並無新發展項目完成。於本期間，在中國內地之星逸園 住宅項目開售，成為集團綜合收入及基礎溢利之主要驅動力，導致兩項財務指標 大 幅 增 加 。 加 上 集 團 物 業 投 資 帶 來 之 穩 健 收 入 及 溢 利 貢 獻 ， 集 團 之 分 部 業 績 為 504.5百萬港元，較去年同期上升138.5%。 經計入投資物業公平值變動之未變現虧損淨額後，本公司擁有人應佔溢利為117.7 百萬港元，較去年同期之 ...