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。 二○二五年全年業績公告 市場阻力減弱集團盈利能力 摘要 集團業績 基礎淨盈利增加 5%至港幣六十四億五千六百萬元（二○二四年：港幣六十一億三千九百萬 元），相當於每股港幣 2.13 元（二○二四年：港幣 2.02 元）。 若計入投資物業重估減值淨額港幣一百零五億二千八百萬元（二○二四年：港幣五十六億二 千一百萬元），股東應佔集團虧損為港幣四十二億五千七百萬元（二○二四年：盈利港幣八 億九千一百萬元）。每股基本虧損為港幣1.40元（二○二四年：每股基本盈利港幣0.29元）。 股息 第一次中期股息每股港幣 0.66 元已於二○二五年九月十一日派付。第二次中期股息每股港 幣 0.66 元將於二○二六年四月二十三日派付予在二○二六年四月八日下午六時正名列股東 登記冊內的股東，以代替派發末期股息。二○二五年度每股合共派息港幣 1.32 元（二○二 四年：每股港幣 1.24 元），佔香港投資物業及酒店基礎淨盈利的 ...

截至月份: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 九龍倉置業地產投資有限公司 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 呈交日期: 2026年3月4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) | 01997 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | 本月底 ...

格隆汇2月26日丨九龙仓置业(01997.HK)宣布，公司将于2026年3月10日(星期二)举行董事会会议，藉以 (其中包括)批准发放公司截至2025年12月31日止年度的全年业绩公告，以及考虑派发一项股息(如有)。 ...

董事會召開日 期 九龍倉置業地產投資有限公司（「本公司」）宣布，本公司將於二○二六年三月十日 （星期二）舉行董事會會議，藉以（其中包括）批准發放本公司截至二○二五年十二 月三十一日止年度的全年業績公告，以及考慮派發一項股息（如有）。 九龍倉置業地產投資有限公司 公司秘書 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。 許仲瑛 代行 香港，二○二六年二月二十六日 於本公告日期，本公司董事會的成員為吳天海先生、徐耀祥先生、凌緣庭女士和李偉 中先生，以及八位獨立非執行董事歐肇基先生、周德熙先生、蔣麗苑女士、梁君彥先 生、廖淥波先生、韋理信先生、余灼強博士和楊永強教授。 九龍倉置業－ 公告 (二○二六年二月二十六日) ...

Core Viewpoint - Hong Kong real estate stocks experienced moderate gains following the announcement of an increase in stamp duty on residential property transactions exceeding HKD 100 million from 4.25% to 6.5%, which is expected to generate an additional HKD 1 billion in annual revenue for the government [1] Group 1: Market Reaction - New World Development (00016) rose by 2.49% to HKD 139.8, while Cheung Kong Property (01113) increased by 1.93% to HKD 47.56 [1] - Henderson Land Development (00012) saw a rise of 0.58% to HKD 34.78, and Wharf Real Estate Investment (01997) gained 0.54% to HKD 26.22 [1] Group 2: Government Policy Impact - The increase in stamp duty will affect approximately 0.3% of residential property transactions, with the measure expected to take effect retroactively after the legislative amendment is passed [1] - HSBC Research noted that following the announcement, some developers' stock prices fell by about 2% on the previous day, but this correction is viewed as healthy given the strong performance of the sector year-to-date [1] Group 3: Future Outlook - HSBC believes the impact of the stamp duty increase will be limited due to its small share of total market transaction volume [1] - The intention behind the policy is likely to increase fiscal revenue rather than suppress the overall residential market, with expectations that the policy stance will continue to favor the real estate market [1] - Real estate investment trusts may encounter new opportunities, with HSBC favoring New World Development, Henderson Land, and Sun Hung Kai Properties, all rated as "buy" [1]

智通财经APP获悉，香港地产股温和上涨，截至发稿，新鸿基地产(00016)涨2.49%，报139.8港元；长实 集团(01113)涨1.93%，报47.56港元；恒基地产(00012)涨0.58%，报34.78港元；九龙仓置业(01997)涨 0.54%，报26.22港元。 消息面上，2月25日，香港财政司司长陈茂波在香港立法会发表最新《财政预算案》中指出，一亿港元 以上的住宅物业交易印花税税率，将由4.25%调高至6.5%，影响约百分之零点三的住宅物业交易，估计 每年可增加约10亿港元收入。措施将于条例修订草案获通过后，追溯至明日开始生效。 汇丰研究指出，继香港特区政府当局公布将价值超过1亿港元的住宅物业印花税由4.25%上调至6.5% 后，部分发展商股价于昨日(25日)下跌约2%。该行认为，考虑到板块年初至今的强劲升势，此次股价回 调属健康。该措施的影响应属有限，因为其仅占市场总成交量的0.3%。此举的意图很可能是增加财政 收入，而非打压整体住宅市场。该行预期，香港楼市政策立场将继续有利于地产市场；房地产信托基金 或迎来新机遇。香港本地地产股中，该行偏好新地、恒地及信置，全部给予"买入"评级。 ...

Core Viewpoint - Goldman Sachs has raised its forecast for property price growth this year from 5% to 12%, attributing this increase to government visa and immigration policies that are expected to boost demand [1][3]. Property Market Outlook - Strong rental growth is anticipated, with an estimated cumulative increase of about 20% from 2023 to 2025, alongside declining mortgage rates which may encourage more individuals to transition from renting to buying [1][3]. - The removal of certain restrictions at the beginning of the 2024 fiscal year is expected to significantly lower transaction costs, potentially stimulating investment demand [1][3]. - Future government policies are projected to continue supporting population growth, income increases, and housing affordability [1][3]. Rental Market Expectations - In the core Central district, office rental prices are expected to rise by 3% year-on-year, while other areas are anticipated to remain relatively stable [1][3]. - The retail market outlook is more cautious, with rental growth expected to be modest at 2%, due to ongoing competition from local residents traveling abroad and online shopping [1][3]. Stock Recommendations - Goldman Sachs upgraded the ratings of Henderson Land Development (00012) and Sino Land Company (00083) from "Sell" to "Buy," believing both companies are well-positioned to benefit from the rising cycle in the Hong Kong residential market, with target prices raised to HKD 39 and HKD 14.6 respectively [1][3]. - The firm reiterated its "Buy" rating for Sun Hung Kai Properties (00016), with a target price increased to HKD 159; these three companies collectively hold about 36% of the market's unit inventory and have various new projects underway [1][3]. - Conversely, the rating for Wharf Real Estate Investment Company (01997) was downgraded from "Buy" to "Sell," and Link REIT (00823) was downgraded from "Buy" to "Neutral" due to their significant exposure to the retail sector and specific company-level challenges; target prices were lowered to HKD 28 and HKD 41.3 respectively [2][4]. - Lastly, the rating for MTR Corporation (00066) was downgraded from "Neutral" to "Sell," with a target price raised to HKD 36.1 [2][4].

Group 1 - Goldman Sachs has raised its forecast for property price increases this year from 5% to 12%, driven by government visa and immigration policies that are expected to boost demand [1] - Strong rental growth is anticipated, with an estimated cumulative increase of about 20% from 2023 to 2025, alongside declining mortgage rates which may encourage more people to transition from renting to buying [1] - The bank expects that government policies will continue to support population and income growth, as well as housing affordability [1] Group 2 - The bank predicts a 3% year-on-year increase in core Central District office rents, while rents in other areas are expected to remain stable [1] - A cautious outlook is provided for the retail market, with rental growth projected at a modest 2% due to competition from local travel and online shopping [1] - The bank upgraded the ratings of Henderson Land Development (00012) and Sino Land Company (00083) from "Sell" to "Buy," with target prices raised to HKD 39 and HKD 14.6 respectively, while maintaining a "Buy" rating for Sun Hung Kai Properties (00016) with a target price increased to HKD 159 [1] Group 3 - The bank downgraded Wharf Real Estate Investment Company (01997) from "Buy" to "Sell," and downgraded Link REIT (00823) from "Buy" to "Neutral," citing significant exposure to the retail sector and specific company-level challenges [2] - Target prices for Wharf Real Estate and Link REIT were reduced to HKD 28 and HKD 41.3 respectively [2] - The rating for MTR Corporation (00066) was downgraded from "Neutral" to "Sell," with a target price raised to HKD 36.1 [2]

Group 1 - The core viewpoint of the articles highlights the increasing demand for wealth management products as the Chinese New Year approaches, with various financial institutions launching special products aimed at different risk appetites [1][3][4] - Financial companies and banks are focusing on low-risk, stable-return products, with cash management and fixed-income products being the most popular among investors [5][6][7] - Investment strategies are being tailored to different risk profiles, with recommendations for conservative investors to focus on cash management and pure fixed-income products, while moderate risk investors are encouraged to consider "fixed income plus" products for enhanced returns [6][10] Group 2 - The articles emphasize the importance of timing in purchasing financial products before the holiday to avoid funds being idle, with specific deadlines set for different product types to ensure returns during the holiday period [8][9] - Data from the banking industry indicates a significant growth in the wealth management market, with a total scale of 33.29 trillion yuan by the end of 2025, reflecting an 11.15% increase from the beginning of the year [5] - Financial advisors are recommending a balanced asset allocation strategy, suggesting a mix of 80% stable investments and 20% equity investments for optimal risk management [6][7]

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 本月底法定/註冊股本總額： HKD 500,000,000 FF301 第 1 頁 共 10 頁 v 1.2.0 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 九龍倉置業地產投資有限公司 呈交日期: 2026年2月5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) | 01997 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.1 HKD | | 500,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 5,000,000,000 ...