消息面上，融创中国公布，12月份，实现合同销售金额29.5亿人民币，同比增加68.6%；合同销售面积 约27.2万平方米，增加97.1%；销售均价每平方米10,850元，下降14.4%。2025年度，累计实现合约销售 金额368.4亿元，同比下降21.8%；涉及销售面积约145.3万平方米，减少35.7%；销售均价每平方米 25,350元，上升21.6%。 值得注意的是，1月5日上午，香港法院驳回针对融创中国的清盘呈请。此前，融创中国在港交所公告， 全面境外债务重组的所有先决条件均已达成，重组生效日期已于2025年12月23日落实。公司约96亿美元 的现有债务已获全面解除及免除。2025年1月，融创中国收到中国信达（香港）资产管理有限公司在香 港对公司提出的清盘呈请。其后，香港高等法院多次将清盘呈请聆讯延后，直至2026年1月5日。 智通财经APP获悉，融创中国(01918)现跌超6%，截至发稿，跌6.77%，报1.24港元，成交额3.15亿港 元。 ...

消息面上，融创中国发布公告称，2025年12月，集团实现合同销售金额约人民币29.5亿元，同比增加 68.57%，合同销售面积约27.2万平方米，合同销售均价约人民币10850元/平方米。2025年，集团累计实 现合同销售金额约人民币368.4亿元，同比减少21.85%，累计合同销售面积约145.3万平方米，合同销售 均价约人民币25350元/平方米。 智通财经APP获悉，融创中国(01918)跌超4%，截至发稿，跌4.51%，报1.27港元，成交额2.04亿港元。 ...

Core Viewpoint - The article highlights a positive shift in investor sentiment towards Chinese real estate stocks, driven by a commentary in the "Qiushi" magazine suggesting a potential change in government policy regarding the real estate market [1] Group 1: Market Performance - Chinese real estate stocks have shown an upward trend, with notable increases in share prices: Longfor Group (4.37%), R&F Properties (3.77%), Agile Group (3.57%), China Overseas Land & Investment (3.04%), China Resources Land (3.82%), China Jinmao (2.75%), and Sunac China (2.27%) [1] Group 2: Policy Insights - JPMorgan notes that the commentary in "Qiushi" magazine has raised investor hopes for a shift in policy, advocating for substantial measures rather than incremental ones, especially after a lack of significant policies last year [1] - The article suggests that the current discourse from officials regarding the real estate market may finally be changing, given the ongoing decline in housing prices and sales since the second half of last year [1] Group 3: Future Outlook - JPMorgan predicts that without substantial policy changes, the downward trend in the real estate sector will continue, forecasting a 7% decline in sales and a 5% drop in housing prices for the year [1] - However, the current market conditions, particularly the impact of weak housing prices on consumer spending, increase the likelihood of more robust policy support this year, indicating potential upside risks to JPMorgan's forecasts [1]

融创中国公告，2025年12月，本集团实现合同销售金额约人民币29.5亿元，同比增加68.57%，合同销售 面积约27.2万平方米，合同销售均价约人民币10850元/平方米。2025年，集团累计实现合同销售金额约 人民币368.4亿元，同比减少21.85%，累计合同销售面积约145.3万平方米，合同销售均价约人民币 25350元/平方米。 智通财经APP获悉，香港联交所最新资料显示，1月6日，融创中国(01918)股东将股票存入香港上海汇丰 银行，存仓市值8.71亿港元，占比5.23%。 ...

Major Events - Brain动极光-B (06681) signed important business cooperation agreements with Peking University Sixth Hospital and Shandong Mental Health Center [1] - Cohere New Energy (00182) successfully completed a secondary listing on the Singapore Stock Exchange [1] - Bole康视云-B (02592) submitted a clinical trial application for the new drug CBT-009 to the Drug Evaluation Center [1] - Yingtong Holdings (06883) established a partnership with the Italian high-end fragrance brand CULTI to strengthen its high-end fragrance distribution network in China [1] - Weimeng Group (02013) initiated a business cooperation with Taobao Flash Purchase [1] - Dali普控股 (01921) officially became a qualified supplier for Saudi Aramco [1] - Yiming Anke-B (01541) regained global rights for IMM2510 and IMM27M [1] - Yuexiu Property (00123) subsidiary Shanghai Yuheng won a land parcel in Shanghai's Pudong New District [1] Operating Performance - Jinxin Reproductive (01951) reported a further narrowing of the overall decline in IVF egg retrieval cycles to -1.4% for 2025 [1] - Poly Real Estate Group (00119) achieved a cumulative contract sales amount of approximately 50.2 billion yuan for 2025, a year-on-year decrease of 7.38% [1] - Yadea Holdings (01585) issued a profit warning, expecting annual net profit to be no less than 2.9 billion yuan [1] - Jindi Commercial Real Estate (00535) reported a cumulative contract sales total of approximately 10.696 billion yuan for 2025, a year-on-year decrease of 47.33% [1] - Greentown Management Holdings (09979) estimated the construction fee for newly developed projects in 2025 to be 9.35 billion yuan, a year-on-year increase of approximately 0.4% [1] - Sunac China (01918) achieved a cumulative contract sales amount of approximately 36.84 billion yuan for 2025, a year-on-year decrease of 21.85% [1]

北京商报讯(记者李晗)2026年1月6日，融创中国披露2025年12月未经审核经营简报。简报显示，2025年 12月融创中国、附属公司连同合营公司及联营公司实现合同销售金额约29.5亿元，合同销售面积约27.2 万平方米，合同销售均价约1.09万元/平方米。 ...

Group 1 - The core viewpoint of the announcement is that Sunac China (01918) reported a significant increase in contract sales amount for December 2025, reaching approximately RMB 2.95 billion, which represents a year-on-year increase of 68.57% [1] - In December 2025, the total contract sales area was approximately 272,000 square meters, with an average contract sales price of about RMB 10,850 per square meter [1] - For the entire year of 2025, the cumulative contract sales amount was approximately RMB 36.84 billion, reflecting a year-on-year decrease of 21.85% [1] Group 2 - The cumulative contract sales area for 2025 was approximately 1.453 million square meters, with an average contract sales price of about RMB 25,350 per square meter [1]

格隆汇1月6日｜融创中国在港交所公告，12月实现合同销售金额约29.5亿元，合同销售面积约27.2万平 方米，合同销售均价约10,850元/平方米。2025年， 本集团累计实现合同销售金额约368.4亿元， 累计合 同销售面积约145.3万平方米，合同销售均价约25,350元/平方米。 ...

Group 1 - The core viewpoint of the article is that Sunac China (01918) reported a significant increase in contract sales for December 2025, with a total amount of approximately RMB 2.95 billion, representing a year-on-year increase of 68.57% [1] - In December 2025, the company achieved a contract sales area of approximately 272,000 square meters, with an average contract sales price of about RMB 10,850 per square meter [1] - For the entire year of 2025, the cumulative contract sales amount reached approximately RMB 36.84 billion, which is a year-on-year decrease of 21.85% [1] Group 2 - The cumulative contract sales area for 2025 was approximately 1.453 million square meters, with an average contract sales price of about RMB 25,350 per square meter [1]

Core Viewpoint - Sunac China (01918.HK) reported a contract sales amount of approximately RMB 29.5 billion for December 2025, with a contract sales area of about 272,000 square meters and an average contract sales price of approximately RMB 10,850 per square meter [1] Summary by Category Contract Sales Performance - In December 2025, the company achieved a contract sales amount of approximately RMB 29.5 billion [1] - The total contract sales area for December 2025 was about 272,000 square meters [1] - The average contract sales price for December 2025 was approximately RMB 10,850 per square meter [1] Annual Performance - For the year 2025, the company reported a cumulative contract sales amount of approximately RMB 368.4 billion [1] - The cumulative contract sales area for 2025 was around 1,453,000 square meters [1] - The average contract sales price for the entire year of 2025 was approximately RMB 25,350 per square meter [1]