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 部份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。 沒收未領取的股息 主席兼執行董事 張貴清 香港 ，二零二五年八月二十五日 於本公告日期，董事會包括九名董事，四名為執行董事，即張貴清先生（主席）、 肖俊強先生（行政總裁）、龐金營先生（副總裁）及甘沃輝先生（財務總監）； 兩名為非執行董事，即郭磊先生及吳溢穎女士；以及三名為獨立非執行董事， 即容永祺先生、蘇錦樑先生及林雲峯先生。 凡有權收取但仍未收到上述股息或仍未兌現有關股息單的股東，請盡快惟不遲於 二零二五年九月十日下午四時三十分前聯絡本公司之股份過戶登記香港分處-卓佳 證券登記有限公司，地址為香港夏愨道16號遠東金融中心17樓。 承董事會命 中海物業集團有限公司 根據中海物業集團有限公司（「本公司」）《經修訂及經重述公司細則》的規定，在 宣派日期後六年未獲認領之一切股息，可沒收並撥歸本公司所有。本公司董事會 （「董事會」）謹此通知本公司股東（「股東」），以下仍未認領的股息將於 二零二五年九月十日予以沒 ...

智通财经APP讯，中海物业(02669)公布2025年中期业绩，整体收益同比上升3.7%至人民币70.895亿元， 毛利较去年同期上升4.7%至12.024亿元，公司普通股权持有人应占溢利较去年同期上升4.3%，达7.69亿 元。每股基本及摊薄后盈利为人民币23.42仙，中期股息每股港币9.0仙及特别股息每股港币1.0仙。 凭借集团的品牌价值、口碑及规模优势，该公司稳步进行市场拓展，透过均衡丰富市场业态获得不同项 目，逐步扩大客户资源及经营规模。期内，新增订单3180万平方米，当中 84.0%来自独立第三方，新签 合约总额约达人民币22.578亿元。然而，在平衡取捨规模与效益的利害关系下，公司持续优化业务结构 及项目治理，并退盘2680万平方米。因此，于2025年6月30日，在管面积较去年年底温和增加500万平方 米至 4.36亿平方米。 ...

智通财经APP讯，中海物业(02669)发布公告，该公司将于2025年10月10日派发中期股息每股0.09港元。 ...

EF001 免責聲明 | 公告全部或任何部份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。 | 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 | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 中海物業集團有限公司 | | 股份代號 | 02669 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至二零二五年六月三十日止六個月之未經審核中期業績公佈 | | 公告日期 | 2025年8月25日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 其他 | | 特別股息 | | | 股息性質 | 特別股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 不適用 | | 宣派股息 | 每 股 0.01 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.01 HKD | | 匯率 | 1 HKD : 1 ...

EF001 其他信息 其他信息 不適用 發行人董事 董事會包括九名董事，四名為執行董事，即張貴清先生（主席）、肖俊強先生（行政總裁）、 龐金營先生（副總裁）及甘沃輝先 生（財務總監）；兩名為非執行董事，即郭磊先生及吳溢穎女士；以及三名為獨立非執行董事，即容永祺先生、蘇錦樑先生及林雲 峯先生。 EF001 免責聲明 | 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 公告全部或任何部份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。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 中海物業集團有限公司 | | 股份代號 | 02669 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 截至二零二五年六月三十日止六個月之未經審核中期業績公佈 | | | 公告日期 | 2025年8月25日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2 ...

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之內容概不負責，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份內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 CHINA OVERSEAS PROPERTY HOLDINGS LIMITED 中 海 物 業 集 團 有 限 公 司 ( 在開曼群島註冊成立的有限公司 ) (股份代號: 2669) 截至二零二五年六月三十日止六個月 之未經審核中期業績公佈 財務摘要 1. 截至二零二五年六月三十日止六個月，本集團新增管理建築面積（「在管面積」） 31.8百萬平方米，其中，84.0%來自獨立第三方，新簽合約總額約為人民幣2,257.8 百萬元。住宅項目及非住宅項目分別佔新增在管面積41.0%及59.0%，合約額分別 約達人民幣1,249.6百萬元及人民幣1,008.2百萬元。 2. 同時，本集團持續優化業務結構及項目治理，並退盤26.8百萬平方米。因此，於 二零二五年六月三十日，本集團的在管面積較去年年底增加5.0百萬平方米至436.1 百萬平方米。其中，來自獨立第三方及非住宅項目的在管建築面積佔比分別為 39.1%及 ...

近日，全国多地小区公告栏陆续贴出一张张刺眼的撤场公告。 中海、龙湖、金科……这些曾被视为行业标杆的物业企业，正在上演一场"集体大撤离"。 在重庆某小区，金科服务结束了长达10年的服务；在鄂州某小区，中海物业因近60万元物业费拖欠无奈退出；物业公司主动"撂挑子"的现象正在全国蔓 延。据不完全统计，仅2025年7月以来，就有近50个项目撤场。 | 灯 标 | 物业服务企业 | 79 | 正式 出时间 | 开力量 | 新闻物业 | | --- | --- | --- | --- | --- | --- | | 宁波 | 耐森物业 | 主动撤出 | 2025年7月1日 | 都州区圣喜大厦 | | | 海口 | 新世界物业 | 强制退出 | 2025年7月10日 | 海口新世界花园小区 | 恒辉物业 | | 辖州 | 龙湖智创生活 | 主动撤出 | 2025年7月14日 | 辽宁锦州时代西湖雅居 | | | 문 8 | 金碧物业 | 主动撤出 | 2025年7月30日 | 岳阳湘阴六建溪上桃花源小区 | | | 南京 | 栖霞建设物业 | 主动撤出 | 2025年7月30日 | 南京东方城小区 | | | 重庆 | 重 ...

Investment Rating - The report maintains an "Overweight" rating for the real estate industry [3][5]. Core Viewpoints - The report emphasizes that the current policy environment is being driven by fundamental pressures, suggesting that the policy response may exceed the levels seen in 2008 and 2014, and is still evolving [3]. - Real estate is identified as an early-cycle indicator, serving as a barometer for economic trends, making it a strategic investment focus [3]. - The competitive landscape within the industry is improving, with leading state-owned enterprises and select mixed-ownership and private firms performing well in land acquisition and sales [3]. - The report continues to favor investment in first-tier cities and two-thirds of second-tier cities, as this combination has shown better performance during sales rebounds [3]. - Supply-side policies, including land storage and management of idle land, are highlighted as critical areas to monitor, with first and second-tier cities expected to benefit more from these changes [3]. Summary by Sections Real Estate Development - The 5-year LPR remains stable at 3.5% as of August, with the 1-year LPR at 3.0% [10]. - The real estate index saw a cumulative change of 0.5%, lagging behind the CSI 300 index by 3.68 percentage points, ranking last among 31 sectors [13]. - New home sales in 30 cities totaled 1.57 million square meters, a 16.7% increase month-on-month but a 16.1% decrease year-on-year [20]. - Year-to-date, new home sales in the same 30 cities are down 2.1% year-on-year, with first-tier cities showing a 2.4% increase [25]. Secondary Housing - Secondary home sales in 14 sample cities reached 1.915 million square meters, reflecting a 6.4% month-on-month increase and a 9.5% year-on-year increase [30]. - Cumulative secondary home sales for the year are 6.8677 million square meters, up 16.7% year-on-year [30]. Credit Bonds - In the week of August 18-24, 18 credit bonds were issued by real estate companies, totaling 15.282 billion yuan, an increase of 6.921 billion yuan from the previous week [39]. - The net financing amount was 3.378 billion yuan, reflecting a significant increase [39].

Core Viewpoint - The property service industry is facing significant challenges due to a deep adjustment in the real estate market, with a notable decline in IPO activity and increasing financial asset impairment issues affecting profitability [1][3]. Group 1: Market Trends - In 2025, the overall revenue growth rate of the property service industry is expected to decline, with significant performance differentiation among companies [3]. - The first half of 2025 has seen a drastic drop in IPO activity within the property sector, with only Aolian Services submitting a prospectus to the Hong Kong Stock Exchange [3]. - The ongoing economic downturn and declining housing asset values have led to a "discounted property fee for vacant houses" trend, with multiple cities announcing reductions in property fees for unoccupied homes [3]. Group 2: Financial Performance - As of June 30, 2025, the Hang Seng Property Services and Management Index has increased by 11%, while the Hang Seng Index has risen by 20%, indicating that property management stocks are underperforming compared to the broader market [4]. - The average stock price increase for 40 tracked Hong Kong property companies was 7.71% in the first half of 2025, with a significant recovery in valuation, as the price-to-earnings ratio (TTM) rose from 5.09 to 10.62 [4]. - Notable stock price increases were observed in companies such as Zhong An Smart Life (+108.38%), Deshan Property Investment Services (+39.29%), and China Resources Mixc Life (+35.96%) [4]. Group 3: Market Capitalization and M&A Activity - As of June 30, 2025, there are 38 Hong Kong property companies with a market capitalization of less than 1 billion HKD, representing 63% of the listed property companies [5]. - The number of companies engaging in share buybacks has decreased from 10 to 8, with a total buyback amount of 234 million HKD, down 35.24% year-on-year [5]. - The property sector has seen a decline in merger and acquisition activity, with only 18 public M&A cases reported in the first half of 2025, primarily aimed at expanding business scale and consolidating regional advantages [5].

Investment Rating - The industry investment rating is "Positive" [2] Core Viewpoints - The real estate sector is at a historical low in holdings, combined with interest rate cuts, which enhances the attractiveness of investments in this sector [4] - The report highlights that the fund holdings in real estate stocks have reached a historical low, with a significant drop in market value from 14.1 billion to 3 billion, a decrease of 80% [19] - The report identifies several driving factors, including low fund holdings, global policy cycles, and high base pressure in Q4 2025, which necessitate further policy support [5] Summary by Sections 1. Real Estate Heavyweight Stock Analysis: Historical Low Holdings - The number of funds holding real estate stocks has reached a five-year low, with a decline from 372 funds in Q4 2020 to 194 funds in Q4 2023 [13] - The total market value of funds holding real estate stocks has decreased significantly, reaching a historical low of 3 billion by H1 2025 [19] - The report notes that the proportion of funds overweight in real estate stocks has remained around 55% over the past five years, indicating a stable but low allocation [23] 2. Impact of US Rate Cuts on Chinese Real Estate Stocks - The report discusses the correlation between US interest rate cuts and the valuation recovery of Chinese real estate stocks, suggesting that these cuts can alleviate pressure on the Chinese yuan and provide opportunities for local rate cuts [56] - It emphasizes that the US rate cuts can improve the financing environment for Chinese real estate companies, thereby enhancing their credit profiles and market valuations [58] - The report anticipates a 92.1% probability of a rate cut by the Federal Reserve in September 2025, which could further influence the Chinese real estate market positively [61]