Group 1 - Country Garden Services (06098) announced a share buyback plan, spending HKD 3.087 million to repurchase 500,000 shares on November 3, 2025 [1]

Core Viewpoint - Country Garden Services (碧桂园服务) announced a share buyback plan, spending HKD 3.087 million to repurchase 500,000 shares on November 3, 2025 [1] Summary by Category - **Company Actions** - The company will repurchase 500,000 shares at a total cost of HKD 3.087 million [1]

Group 1 - The company, Country Garden Services (06098.HK), announced a share buyback on November 3, 2025, costing HKD 3.087 million to repurchase 500,000 shares [1] - The buyback price ranged from HKD 6.15 to HKD 6.18 per share [1]

FF301 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) | 02007 | 說明 | 普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 100,000,000,000 | HKD | | 0.1 HKD | | 10,000,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 100,000,000,000 | HKD | | 0.1 HKD | | 10,000,000,000 | 本月底法定/註冊股本總額： HKD 10,000,000,000 第 1 頁 共 12 頁 v 1.1.1 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 截至月份: 2025年10月31日 狀態: 新 ...

Core Viewpoint - Country Garden Services has been actively repurchasing its shares, indicating a strategy to support its stock price amid recent declines [2][3]. Summary by Sections Share Buyback Activity - On October 31, Country Garden Services repurchased 500,000 shares at a price range of HKD 6.180 to HKD 6.190, totaling HKD 3.091 million [2]. - The stock closed at HKD 6.180 on the same day, reflecting a decrease of 0.64%, with total trading volume of HKD 42.2875 million [2]. - Since October 30, the company has conducted buybacks for two consecutive days, acquiring a total of 1.068 million shares for a cumulative amount of HKD 6.6052 million, during which the stock price fell by 2.52% [2]. Year-to-Date Buyback Summary - Year-to-date, Country Garden Services has executed 37 buybacks, acquiring a total of 15.069 million shares for a total expenditure of HKD 96.6438 million [3]. - The detailed buyback activities include various dates, share quantities, and prices, showcasing a consistent approach to share repurchase throughout the year [3][4].

Core Insights - The total sales of the top 100 real estate companies in China for the first ten months of 2025 reached 289.67 billion yuan, representing a year-on-year decline of 16.3%, with the decline rate widening by 4.1 percentage points compared to the first nine months of the year [1] - The sales performance in October showed a slight month-on-month recovery, with a total sales amount of 253 billion yuan, reflecting a 0.1% increase from the previous month [6] Group 1: Sales Performance by Company Tier - The average sales for the top 10 real estate companies was 143.09 billion yuan, down 15.0% year-on-year [4] - The average sales for companies ranked 11 to 30 was 35.51 billion yuan, down 17.8% year-on-year [4] - The average sales for companies ranked 31 to 50 was 17.21 billion yuan, down 16.6% year-on-year [4] Group 2: Company Breakdown - There are 7 companies in the 100 billion yuan and above tier, with sales figures of 222.7 billion yuan, 201.1 billion yuan, 189.1 billion yuan, 169.6 billion yuan, 156.0 billion yuan, 114.6 billion yuan, and 106.5 billion yuan respectively [4] - The second tier (500-1000 billion yuan) has 7 companies, down 2 from the previous year, with sales figures of 92.6 billion yuan, 92.1 billion yuan, 86.3 billion yuan, 68.7 billion yuan, 62.1 billion yuan, 55.7 billion yuan, and 55.3 billion yuan respectively [4] - The third tier (300-500 billion yuan) has 6 companies, down 3 from the previous year, with sales figures of 43.8 billion yuan, 43.5 billion yuan, 41.5 billion yuan, 33.9 billion yuan, and 32.7 billion yuan respectively [4] Group 3: Market Trends - In October, first-tier cities recorded a total transaction volume of 1.68 million square meters, remaining flat month-on-month but down 41% year-on-year [6] - The total transaction volume in 26 second and third-tier cities was 7.91 million square meters, with a slight month-on-month increase of 1% but a year-on-year decline of 35% [6] - The city of Chengdu led in monthly transactions with 800,000 square meters, followed by Qingdao, Wuhan, and Xi'an [6] Group 4: Policy Implications - The recent "14th Five-Year Plan" emphasizes boosting consumption and may lead to the relaxation of housing purchase restrictions in major cities [7] - The industry anticipates that as year-end performance targets approach, supply in key cities may improve, providing some support to the market [7] - A more comprehensive approach from the central government is needed to stabilize the industry and break the negative cycle [7]

碧桂园服务(06098)发布公告，该公司于2025年10月31日斥资309.1万港元回购50万股股份，每股回购价 格为6.18-6.19港元。 ...

Core Viewpoint - Country Garden Services (碧桂园服务) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Group 1 - The company will spend HKD 3.091 million to repurchase 500,000 shares [1] - The buyback price per share is set between HKD 6.18 and HKD 6.19 [1]

格隆汇10月31日丨碧桂园服务(06098.HK)发布公告，2025年10月31日耗资309.1万港元回购50万股，回 购价格每股6.18-6.19港元。 ...

Global Apartment Market Dynamics - In September, the global rental market operated steadily, with rental prices in Europe and Asia-Pacific generally increasing compared to the previous month [2] - In the US, San Francisco's rental market thrived due to an influx of AI tech talent, with the median rent for a one-bedroom apartment reaching approximately $3,100, a 12% increase year-over-year, the highest among major US cities [2] - In the UK, rental yields in England and Wales remained strong, with the average yield rising by 0.3% to 7.5% year-over-year, indicating a stable development phase in the industry [3] - In France, nearly one-third of rental listings exceeded legal rent caps, with Paris showing an average rent overage of €237 per month [4] Asia-Pacific Rental Market Dynamics - In Australia, Sydney's median weekly rent for apartments rose to AUD 750, a 4.9% increase year-over-year, while the vacancy rate dropped to 0.9% [6] - In Singapore, overall private residential rents increased by 3% year-over-year, with the Core Central Region seeing a 0.8% rise in September [7] - In South Korea, Seoul's rental supply-demand index reached 154.2, the highest since October 2021, driven by a decrease in rental listings due to tightening loan policies [8] China Rental Market Dynamics - In September, the rental median for the top 10 cities in China was CNY 1,800 per month, with a month-over-month decline of 2.7% [11] - The city with the highest month-over-month increase was Rikaze, with a rise of 28.21%, while Shenzhen experienced the largest decline at 11.68% [11][12] Rental Enterprise Opening Dynamics - Several new rental projects opened in September, including "Yujianjia" in Jinan, which features 220 apartments [13] - The "Fangyu" project in Shanghai opened with 810 planned units, targeting female tenants with customized living spaces [13] - "Longhu Guanyu" in Hangzhou and "Xiantou Yayu" in Chengdu also opened, enhancing the rental supply in their respective regions [14][15] Rental Housing Allocation Dynamics - Various cities continued to open applications for affordable rental housing, including 691 units in Shenzhen and 3,641 public rental units in Tianjin [26][27] - Long-term rental housing projects are being developed to meet diverse housing needs, with significant allocations in cities like Kunming and Changchun [24][28] ABN Index Analysis - The search index for apartment brands remained stable, with top searches focused on new openings and brand dynamics, such as the launch of new stores by Huazun and Fangyu [39] - The media index highlighted significant coverage for brands like Ascott and Vanke, reflecting their strategic developments and new project launches [39]