Core Viewpoint - The company is advancing its strategic layout for Real World Asset (RWA) tokenization by establishing a digital asset research institute in Hong Kong by August 29, 2025, to oversee key initiatives related to RWA [1] Group 1: Company Initiatives - The company has a strong capital foundation built over 32 years and has begun preliminary exploration in the RWA field [1] - The establishment of the digital asset research institute aims to consolidate efforts in RWA tokenization and related applications [1] - The company is responding to the Hong Kong government's "Hong Kong Digital Asset Development Policy Declaration 2.0" by actively seeking new opportunities within the regulatory framework [1] Group 2: Expert Involvement - To meet cross-disciplinary professional requirements, the company plans to bring in external experts in blockchain, digital finance, and compliance [1] - Legal advisors will assess domestic and international legal issues related to RWA, while financial and tax advisors will evaluate relevant financial matters [1] - Technical suppliers will optimize technology solutions, and the company will maintain active communication with regulatory bodies [1] Group 3: Research Status - The current RWA research is still in its early stages, and the board will closely monitor the progress of RWA research [1] - The company will issue further announcements in accordance with listing rules as the research progresses [1]

目前相关的RWA研究尚处于前期阶段，董事会亦会密切监察RWA的研究进度，并将根据上市规则适时 另行刊发公告。 智通财经APP讯，新城发展(01030)公布，公司将结合现有业务积累与真实世界资产(RWA)代币化技术， 推动相关RWA应用的战略布局。于2025年8月29日，新城发展数字资产研究院将在香港正式成立，该研 究院设立旨在统筹推进集团RWA代币化等关键工作。 公告称，该集团历经32年发展，资本积累深厚，并在RWA领域初步探索。公司响应香港特别行政区政 府《香港数字资产发展政策宣言2.0》所倡导创新方向，积极开拓新机遇，在相关监管框架前提下，探 索集团优质IP资源和资产收益代币化RWA及相关应用的可行性。为满足跨领域专业要求，公司将引进 区块链、数字金融和合规领域外部专家以弥补特定领域经验，包括相关法律顾问全面评估RWA的境内 外法律问题，相关专业顾问评估财务、税务问题，相关技术供应商优化技术方案，并积极与监管机构保 持沟通。 ...

自願公告 有關開展資產代幣化RWA及相關應用之戰略佈局 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。 SEAZEN GROUP LIMITED 新城發展控股有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 責 任 公 司） （股 份 代 號：1030） 本集團歷經32年 發 展，資 本 積 累 深 厚，並 在RWA領 域 初 步 探 索。本 公 司 響 應 香 港特別行政區政府《香 港 數 字 資 產 發 展 政 策 宣 言2.0》所 倡 導 創 新 方 向，積 極 開 拓 新 機 遇，在 相 關 監 管 框 架 前 提 下，探 索 本 集 團 優 質IP資源和資產收益代幣化 RWA及 相 關 應 用 之 可 行 性。為 滿 足 跨 領 域 專 業 要 求，本 公 司 將 引 進 區 塊 鏈、數 字 金 融 和 合 規 領 域 外 部 專 家 以 彌 補 特 定 領 域 經 驗，包 ...

Core Viewpoint - The Hong Kong property stocks experienced a collective decline after a brief rise, indicating market skepticism about the sustainability of recent policy changes aimed at boosting the real estate sector [1] Group 1: Market Performance - Major property stocks such as Shimao Group, New World Development, and Greentown China saw significant declines, with Shimao Group dropping by 6.4% and New World Development by 4.55% [1] - Other companies like China Jinmao, Midea Real Estate, and Country Garden also faced losses, with declines exceeding 2% [1] Group 2: Policy Impact - The recent policy adjustment in Shanghai, known as "Six Measures," allows unlimited purchases for eligible buyers outside the outer ring and treats single buyers as families, which initially boosted market confidence [1] - Despite the short-term positive impact, there are ongoing doubts about the long-term effectiveness of these policies and the actual improvement in the market fundamentals [1] Group 3: Future Outlook - The market requires continuous support beyond initial policy changes, with a focus on whether more cities will follow suit and how existing policies will be implemented, particularly regarding credit support [1]

Core Viewpoint - New City Development's stock experienced a decline of 5.3% on August 26, trading at 2.5 HKD per share with a transaction volume of 42.3 million HKD [1] Group 1: Company Overview - New City Development Holdings Limited is a global industrial investment and operation group, focusing on residential development, commercial development, commercial operation management, community retail, new energy, and related equity investment and asset management [1] - The company operates in regions including Hong Kong, California, and Texas, aiming to provide a variety of life service solutions throughout the entire lifecycle for users [1] Group 2: Financial Performance - As of the 2024 annual report, New City Development reported total revenue of 89.227 billion CNY and a net profit of 491 million CNY [2] - The company is set to disclose its mid-year report for the fiscal year 2025 on August 29 [2]

(本文来自第一财经) 万科企业涨超12%，远洋集团、融创中国涨超8%，新城发展控股、龙湖集团均涨超6%，越秀地产等跟 涨。 ...

格隆汇8月25日｜港股内房股震荡上升，万科企业涨超12%，远洋集团、融创中国涨超8%，新城发展控 股、龙湖集团均涨超6%，越秀地产等跟涨。 消息面上，央行第二季度中国货币政策执行报告指出，下一阶段要持续巩固房地产市场稳定态势，完善 房地产金融基础性制度，助力构建房地产发展新模式。 ...

Group 1 - The core viewpoint is that top shopping centers exhibit strong stability, contrary to the market perception that they are vulnerable to economic downturns and online consumption impacts [2][6] - Despite a projected decline in retail sales growth in major cities like Beijing and Shanghai, top shopping centers have managed to achieve retail sales growth, with specific centers reporting increases of 30%, 6%, and 26% year-on-year [2][3] - The success of top shopping centers is attributed to their ability to attract consumer traffic and popular brands, creating a positive cycle of customer flow and brand presence, which helps maintain rental income stability [2][4] Group 2 - High-end shopping centers are facing challenges due to economic fluctuations, but those in stable competitive environments can still achieve retail growth by attracting fast-growing brands and upgrading their offerings [3][6] - The competitive advantage of shopping centers is not solely based on location or operational capabilities, but rather on their ability to provide an engaging shopping experience, known as "walkability" [4][5] - A robust management system is crucial for commercial real estate companies, as it differentiates them in a market where operational know-how is not scarce [5][7] Group 3 - Top shopping centers and commercial real estate companies are considered valuable assets, maintaining stability even during economic downturns by leveraging their scale advantages and effective marketing strategies [6][7] - Companies that excel in commercial real estate should possess strong management capabilities, stable existing shopping centers, and the ability to successfully launch new projects [7]

Group 1 - The core viewpoint of the article indicates that New Town Development (01030.HK) reported a profit attributable to equity holders of approximately RMB 959 million for the same period last year [1] - For the six months ending June 30, 2025, the company expects profit attributable to equity holders to be between approximately RMB 500 million and RMB 700 million [1] - The expected decline in profit is primarily due to a downturn in the industry leading to a decrease in revenue from real estate development [1]

新城发展(01030)发布公告，对比去年同期本公司权益持有人应占溢利约人民币9.59亿元，截至2025年6 月30日止6个月本公司权益持有人应占溢利预期将约人民币5亿元至人民币7亿元，预期下降主要是由于 行业下行导致房地产开发收入下降。 ...