Group 1 - China Resources Land (01109.HK) announced that on July 17, 2025, its wholly-owned subsidiary Shanghai Hongzhe entered into a joint bidding agreement with independent third party Shanghai Nanfang for the equity and debt of target companies [1] - The target companies include Shanghai Xinjizhou Enterprise Development Co., Ltd., Shanghai Xinjifang Enterprise Development Co., Ltd., Shanghai Xinzili Enterprise Development Co., Ltd., and Shanghai Xinxianfang Enterprise Development Co., Ltd. [1]

Core Viewpoint - China Resources Land (01109) announced a joint bidding agreement between its wholly-owned subsidiary Shanghai Hongzhe and independent third party Shanghai Nanfang for the equity and debt of target companies, indicating a strategic move to enhance its market presence in Shanghai [1] Group 1: Joint Venture and Acquisition Details - The joint venture successfully bid for 100% equity and debt of the target companies, with a total consideration of approximately RMB 24.47 billion, to be paid by Shanghai Hongzhe and Shanghai Nanfang at a ratio of 90% and 10% respectively [1] - The target companies include Shanghai Xinjizhou Enterprise Development Co., Ltd., Shanghai Xinjifang Enterprise Development Co., Ltd., Shanghai Xinzili Enterprise Development Co., Ltd., and Shanghai Xinxianfang Enterprise Development Co., Ltd. [1] Group 2: Strategic Importance of Shanghai - Shanghai is identified as one of China's high-tier cities and a strategic focus for the company, with the acquired projects located in core areas of the city, showcasing significant market potential [1] - The Yao Hua Road project and the Yu Qing Li project are highlighted for their advantageous locations, which are expected to enhance the company's competitive edge and brand presence in Shanghai [1] Group 3: Long-term Development and Investment Strategy - The acquisition aligns with the company's long-term development and investment strategy, aimed at consolidating and enhancing its market share, competitiveness, and brand influence in Shanghai [1] - The board believes that this acquisition will continue to provide investment returns and enhance the company's commercial impact [1]

Core Viewpoint - China Resources Land (01109) announced a joint venture agreement with Shanghai Nanfang to jointly bid for the equity and debt of target companies, with a total consideration of approximately RMB 24.47 billion [1] Group 1: Acquisition Details - The joint venture will acquire 100% equity and debt of four target companies, including Shanghai Xinjizhou Enterprise Development Co., Ltd. and others [1] - The payment will be made by Shanghai Hongzhe and Shanghai Nanfang in a ratio of 90% and 10%, respectively [1] - The acquisition will be conducted in a bundled manner [1] Group 2: Strategic Importance - Shanghai is identified as a strategic key city for the company, enhancing its market presence [1] - The projects involved, Yaohua Road and Yuqingli, are located in core areas of Shanghai, indicating significant market potential [1] - The Yuqingli project's commercial area is situated near landmark buildings, offering great potential for developing a unique commercial district [1] Group 3: Long-term Strategy - The acquisition aligns with the company's long-term development and investment strategy [1] - It aims to strengthen and enhance the company's market share, competitiveness, and brand in Shanghai [1] - The deal is expected to provide ongoing investment returns and increase the company's commercial influence [1]

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。 （於開曼群島註冊成立的有限公司） （股份代號：1109） 須予披露交易 收購目標公司 股權及債權 緒言 於二零二五年七月十七日，本公司全資附屬公司上海泓喆與獨立第三方上海南房 就共同競投目標公司股權及債權訂立聯合體協議。 董事會欣然宣佈，上海泓喆與上海南房成立的聯合體成功競投已於上海聯交所公 開掛牌轉讓的目標公司100 %股權及債權，總代價約為人民幣24,469.99百萬元（ 相 當於約26,890.10百萬港元 ），將由上海泓喆及上海南房分別按90 %及10 %比例共同 支付。目標公司股權及債權將以捆綁方式收購。 聯合體已就收購事項取得競價結果通知，並於二零二五年八月一日與賣方就第二 收購事項、第三收購事項及第四收購事項訂立產權交易合同。第一收購事項的產 權交易合同預期將於二零二五年九月或之前與賣方訂立。收購完成後，上海泓喆 及上海南房 ...

Core Viewpoint - The China Securities Hong Kong Stock Connect Real Estate Index has shown positive performance over the past month, three months, and year-to-date, indicating a strong recovery in the real estate sector [2]. Group 1: Index Performance - The China Securities Hong Kong Stock Connect Real Estate Index increased by 3.04% over the past month, 9.88% over the past three months, and 13.08% year-to-date [2]. - The index is based on a sample of up to 50 eligible Hong Kong-listed companies that reflect the overall performance of the real estate sector [2]. Group 2: Index Composition - The top ten weighted companies in the index are: Sun Hung Kai Properties (14.11%), Beike-W (12.73%), China Resources Land (10.83%), Cheung Kong Property (7.94%), China Overseas Land & Investment (6.28%), Wharf Real Estate Investment (4.72%), Sino Land (4.39%), Henderson Land Development (4.22%), Longfor Group (2.85%), and Wharf Holdings (2.83%) [2]. - The index is composed entirely of real estate companies, with 100% of its holdings in the real estate sector [3]. Group 3: Index Adjustment Mechanism - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December [3]. - In special circumstances, the index may undergo temporary adjustments, such as when a sample company is delisted or when new companies meet the criteria for inclusion [3].

Group 1 - The core viewpoint indicates that the performance of the top 100 real estate companies in July 2025 showed a significant decline, with sales amounting to 236.6 billion yuan, a year-on-year decrease of 18.2% [1] - Only about 30% of the top 100 real estate companies achieved positive year-on-year sales growth in July [1] - Cumulative sales for the top 100 real estate companies from January to July 2025 reached 2,073.01 billion yuan, reflecting a year-on-year decline of 13.3% [1] Group 2 - Among the top real estate companies, only five surpassed 100 billion yuan in sales, with Poly Developments leading at 163.2 billion yuan [2] - The land market in core cities remains active, with total land acquisition by the top 100 companies reaching 578.3 billion yuan from January to July 2025, a year-on-year increase of 34.3% [2] - The competition for quality land in core cities is intense, with record-breaking land prices, such as a plot in Shanghai's Xuhui District selling for 200,000 yuan per square meter [2] Group 3 - Fitch Ratings emphasizes that actively acquiring land is crucial for Chinese rated real estate companies to maintain competitiveness, as new land sales typically outpace old inventory [3] - The supply of residential land in first-tier cities has increased significantly this year, with varying trends in land prices across cities [3] - The central government's macro policy aims to enhance stability and flexibility, with a focus on high-quality urban renewal as a key development strategy [3]

Group 1 - The core viewpoint of the article indicates that the land market in key cities is experiencing localized high activity, with premium land prices reaching new highs, driven by major cities like Shanghai, Shenzhen, and Suzhou [1][10] - In July 2025, the total land acquisition amount for 30 companies was 52.9 billion, showing a month-on-month decrease of 16% but a year-on-year increase of over 50%, reflecting a recovery in land acquisition willingness among leading companies [1][9] - The average premium rate for land in July was 9.9%, the highest since Q2 2025, indicating a strong demand for quality residential land in core cities [1] Group 2 - The threshold for the top 100 companies in terms of new land value decreased by 10% year-on-year to 2.76 billion, while the total price threshold increased by 16% to 1.3 billion [3] - The total new land value for the top 100 real estate companies in July 2025 was 1.33 trillion, with a year-on-year growth of 17% [4] - The concentration of land acquisition among the top 100 sales companies remains high, with the top 10 companies accounting for 70% of the new land value [6] Group 3 - The land acquisition to sales ratio for the top 100 companies was 0.3, indicating a cautious but improving investment sentiment compared to previous years [6][10] - Despite the overall cautious approach, leading companies like China Overseas and Greentown have actively acquired land, with monthly acquisitions exceeding 15 billion [9] - The market is expected to see more premium residential land listings in the second half of 2025, as urban renewal efforts continue [10]

智通财经8月1日讯（记者 李洁）随着房地产行业进入传统淡季，百强房企7月业绩出现幅度不小的回 落。 中指院数据显示，2025年7月单月，TOP100房企销售额2366亿元，同比下降18.2%。另据国泰海通证券 数据，7月仅有近3成百强房企单月销售同比实现正增长。 "在止跌回稳政策组合拳催化下，2025年以来新房销售市场呈反复波动态势，经历2月改善后，3-4月边 际回落，5月销售有所改善后，6月热度又开始回落，7月则延续保持低位。"申万宏源分析师袁豪表示。 从新增货值来看，绿城中国、中海地产和保利发展位列前三，其中绿城中国以1116亿元新增货值占据榜 单第一，中海地产以935亿元新增货值位列第二，保利发展新增货值规模为907亿元，位列第三。 "2025年7月，核心城市优质地块竞争依旧激烈，一方面，企业竞拍热情高涨，数十轮竞价争夺优质地 块。另一方面，拿地楼面价屡破纪录，如上海徐汇区一地块以20万元/平方米的成交楼面价刷新了全国 成交楼面价纪录，进一步说明房企对优质地块争夺的激烈程度。"陶淑茹称。 惠誉评级亚太区企业评级董事石露露认为，积极拿地仍是中国受评房企保持竞争力的关键因素。由于新 地块的销售速度通常快于旧 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | | | 致：香港交易及結算所有限公司 公司名稱: 華潤置地有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01109 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 8,000,000,000 | HKD | | 0.1 | HKD | | 800,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 8,000,000,000 | HKD | | 0.1 | HKD | | 800,000,000 | 本月底法定/註冊股本總額： HKD 800,000,000 第 ...

（文章来源：新华财经） "上海依托其核心城市地位、经济活力及全球资源吸附力，持续为楼市构筑深厚根基。"中指研究院上海 企业常务副总经理程宇认为，面对市场的结构性分化与周期性调整，房企更需坚守核心价值逻辑：聚焦 核心区域，以创新理念与极致产品力锻造真正经得起市场检验的"好房子"。唯有如此，方能有效承接政 策红利，穿越市场周期，共同推动上海房地产市场迈向更高质量、更可持续的稳定发展新阶段。 新华财经上海8月1日电中指研究院表示，今年以来，上海房地产市场头部房企格局稳定，保利发展持续 领跑。数据显示，1-7月，上海TOP20房企合计实现销售额2581.8亿元，销售面积362.2万平方米。保利 发展以280.7亿元销售额稳居金额榜首位，招商蛇口（258.4亿元）、华润置地（251.6亿元）紧随其后， 前三甲格局稳固。销售面积方面，招商蛇口（46.6万平方米）、保利发展（38.1万平方米）、华润置地 （29.7万平方米）占据前三。 ...