Group 1 - The core viewpoint of the article highlights a significant rise in Hong Kong real estate stocks, with Oceanwide Holdings leading the surge with an increase of over 15% [1] - According to CITIC Securities research, the overall performance of the real estate development industry is expected to remain under pressure in the first half of 2025, with total revenue declining by 15% [1] - The report indicates that the losses for real estate companies have expanded to 27 billion yuan due to increased impairment provisions and rising expense ratios, although the decline in gross profit margins has shown signs of improvement [1] Group 2 - The top 100 real estate companies experienced a 14% year-on-year decline in sales over the first eight months, but this decline is 16 percentage points narrower than the total decline for the previous year [1] - The land market has shown early signs of recovery, with the top 100 real estate companies collectively acquiring land worth 723.5 billion yuan, representing a year-on-year increase of 31% [1] - Major real estate firms are actively replenishing their core city inventories, indicating that sales volumes are nearing a bottom [1]

Core Viewpoint - The Hong Kong real estate stocks experienced a significant rally, with major companies showing substantial gains, indicating a potential recovery in the sector despite ongoing challenges in the overall real estate market [1] Group 1: Stock Performance - Oceanwide Holdings surged over 15%, leading the gains among real estate stocks [1] - Other notable performers included Ronshine China (+7.32%), China Jinmao (+5.23%), and Country Garden (+4.84%) [1] - Several companies, including Longfor Group, Agile Group, and CIFI Holdings, saw increases of nearly 4% [1] Group 2: Industry Outlook - According to CITIC Securities, the overall performance of the real estate development industry is expected to remain under pressure in the first half of 2025, with total revenue projected to decline by 15% [1] - The industry is facing increased impairment provisions and rising expense ratios, leading to an expanded loss of 27 billion yuan in the first half [1] - However, the decline in gross profit margins is showing signs of improvement, with some quality real estate companies stabilizing their margins and profits [1] Group 3: Debt and Sales Trends - The debt repayment capacity of real estate companies is becoming more differentiated, with a trend towards deleveraging due to shrinking business scales, although leading firms maintain stable profitability [1] - The top 100 real estate companies reported a 14% year-on-year decline in sales over the first eight months, but this decline is narrowing compared to the previous year's total [1] - The land market is showing early signs of recovery, with the top 100 companies collectively acquiring land worth 723.5 billion yuan, a 31% increase year-on-year, indicating a proactive approach to replenishing core city inventories [1]

2025年1—8月，旭辉控股集团录得累计合同销售（连合营企业及联营公司的合同销售）金额约人民币 121.6亿元，合同销售面积约115.9万平方米，合同销售均价约人民币10900元/平方米，及公司股东权益 应占合同销售金额约人民币63.5亿元。 央广网北京9月11日消息（记者安垚）9月9日，旭辉控股集团发布2025年8月未经审核营运数据。 2025年8月，旭辉控股集团录得合同销售（连合营企业及联营公司的合同销售）金额约人民币9.6亿元， 合同销售面积约7.84万平方米，合同销售均价约人民币12100元/平方米，及公司股东权益应占合同销售 金额约人民币4.8亿元。 ...

Group 1 - Two subsidiaries of CIFI Holdings, Suzhou Changming Real Estate Co., Ltd. and Zhangjiagang Shenghuang Real Estate Co., Ltd., have been applied for bankruptcy liquidation [1][2] - Both companies are located in Zhangjiagang City, with Suzhou Changming being the developer of the Yuyuefu project and Zhangjiagang Shenghuang being the land acquisition company [1] - The legal representatives of these companies have undergone frequent changes in recent years, indicating instability in their management [2] Group 2 - CIFI Holdings is undergoing a "second entrepreneurship" phase as stated by Lin Zhong, the company's leader, emphasizing the need to adapt to significant changes in the real estate market [3] - For the fiscal year 2024, CIFI Holdings reported a revenue of 47.789 billion yuan, a year-on-year decrease of approximately 33.5%, and a contract sales amount of 33.67 billion yuan, down 51.89% [3] - As of August 11, 2025, the company reported cumulative contract sales of approximately 11.2 billion yuan and a sales area of about 1.0806 million square meters for the first seven months of the year [3] Group 3 - To repay debts and strengthen cash flow, CIFI Holdings has sold multiple assets, including the complete equity of Chongqing Jing'en Real Estate Development Co., Ltd. for 358 million yuan [4] - The assets sold include three land parcels and two under-construction buildings in the Banan District of Chongqing, which are planned for residential and commercial development [4] - Additionally, AIA Insurance has acquired a rental community project in Shanghai, which involves 2,252 rental units, originally won by CIFI Holdings in a joint bid [4]

旭辉控股集团(0884.HK)午后一度涨4.08%至0.255港元，股价重回半个月高位，该股自上周五(5日)迄今 已连续4个交易日上涨，累涨超17%。 个股方面，旭辉控股昨日晚间公告，2025年8月集团录得合同销 售金额约9.6亿元(人民币，下同)，合同销售面积约7.84万平方米，销售均价约1.21万/平方米，公司股东 权益应占合同销售金额约4.8亿元。2025年1月至8月，累计合同销售金额约121.6亿元，销售面积约115.9 万平方米，销售均价约1.09万/平方米，股东权益应占合同销售金额约63.5亿元。 行业方面，各地纷纷 出台政策措施助力"金九银十"销售窗口，巩固房地产市场企稳回升势头。自8月下旬以来，上海、苏 州、长春、深圳等城市陆续推出楼市新政，通过放宽限购、取消限售、发放购房补贴等多种方式，降低 购房成本，激发住房消费潜力。其中，从限购放松的力度对比，深圳此次新政力度大于8月出台新政的 北京和上海。 中金认为，整体地产销售表现的持续好转，仍待存量房收储和城中村改造等对供需面有 持续改善效果的政策切实落地，从而与头部城市限购政策调整带来的情绪提振形成协同效应，建议持续 关注政策进展。建议积极关注地 ...

Core Viewpoint - CIFI Holdings Group (00884) reported significant contract sales figures for August 2025 and the cumulative sales from January to August 2025, indicating a strong performance in the real estate market [1] Group 1: August 2025 Performance - The company achieved contract sales amounting to approximately RMB 960 million and a sales area of about 78,400 square meters in August 2025 [1] - The average contract sales price was approximately RMB 12,100 per square meter [1] - The equity attributable to shareholders from the contract sales amounted to approximately RMB 480 million [1] Group 2: Cumulative Performance (January to August 2025) - The cumulative contract sales from January to August 2025 reached approximately RMB 12.16 billion, with a total sales area of about 1.159 million square meters [1] - The average contract sales price during this period was approximately RMB 10,900 per square meter [1] - The equity attributable to shareholders from cumulative contract sales was approximately RMB 6.35 billion [1]

格隆汇9月9日丨旭辉控股(00884.HK)公布，公司及其附属公司就二零二五年八月的若干未经审核营运数 据如下：.于2025年8月，集团录得(i)合同销售金额约人民币9.6亿元及合同销售面积约78,400平方米，(ii) 合同销售均价约人民币12,100元╱平方米，(iii)本公司股东权益应占合同销售金额约人民币4.8亿元。.于 2025年1月至8月，集团录得(i)累计合同销售金额约人民币121.6亿元及合同销售面积约1,159,000平方 米，(ii)合同销售均价约人民币10,900元╱平方米，(iii)本公司股东权益应占合同销售金额约人民币63.5 亿元。 ...

于2025年1月至8月，集团取得(i)累计合同销售(连合营企业及联营公司的合同销售)金额约人民币121.6亿 元及合同销售面积约115.9万平方米，(ii)合同销售均价约人民币10900元╱平方米，及(iii)公司股东权益 应占合同销售金额约人民币63.5亿元。 智通财经APP讯，旭辉控股集团(00884)发布公告，于2025年8月，集团取得(i)合同销售(连合营企业及联 营公司的合同销售)金额约人民币9.6亿元及合同销售面积约7.84万平方米，(ii)合同销售均价约人民币 12100元╱平方米，及(iii)公司股东权益应占合同销售金额约人民币4.8亿元。 ...

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。 旭輝控股（ 集團 ）有限公司（「本公司」）董事會（「董事會」）公佈本公司及其附屬公司 （「本集團」）就二零二五年八月的若干未經審核營運數據如下： 上述數據未經審核，乃根據本集團初步內部資料編製，鑒於收集該等銷售資料過 程中存在各種不確定因素，該等數據與本公司按年度或半年度刊發的經審核或未 經審核綜合財務報表中披露的數字可能存在差異。因此，上述數據僅供投資者參 考。投資者買賣本公司證券時務須謹慎行事，避免不恰當地依賴該等資料。如有 任何疑問，投資者應尋求專業人士或財務顧問的專業意見。 * 不包括停車位及儲藏室 承董事會命 旭輝控股（集團）有限公司 CIFI Holdings (Group) Co. Ltd. 旭 輝 控 股（ 集 團 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：00884） （債務股份代號：05261、4 ...

Group 1 - The core viewpoint of the news is that Hong Kong property stocks, particularly Country Garden, saw significant gains following the inclusion in the Hong Kong Stock Connect, with Country Garden rising over 14% [1] - Other property stocks also experienced notable increases, including CIFI Holdings and China Overseas Land & Investment, which rose over 5%, and several others like Vanke and Longfor Group, which rose over 3% [1] - The surge in property stocks is attributed to a new housing policy introduced in Shenzhen on September 5, which relaxed housing purchase restrictions and adjusted housing credit policies [1] Group 2 - The new housing policy in Shenzhen allows for significant relaxation of purchase restrictions in non-core areas, which is more substantial compared to the new policies introduced in Beijing and Shanghai in August [1] - The policy change includes the removal of differentiated mortgage rates for first and second homes, which is expected to stimulate the housing market [1] - The report from CITIC Securities highlights that the new measures are likely to have a positive impact on the property market in Shenzhen [1]