Group 1 - The company, R&F Properties (02777.HK), expects to record a net loss of approximately RMB 4.08 billion for the six months ending June 30, 2025, compared to a net loss of RMB 2.33 billion for the same period ending June 30, 2024 [1] - The net loss during this period is primarily attributed to the ongoing downturn in the Chinese real estate industry, which has led to a decline in revenue and gross profit from property development [1]

盈利警告 廣州富力地產股份有限公司（「本公司」，連同其附屬公司為「本集團」）根據香港法例第 571章證券及期貨條例第XIVA部的內幕消息條文（定義見香港聯合交易所有限公司證券上市 規則（「上市規則」））及上市規則第13.09(2)(a)條刊發本公告。 本公司董事會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者，按照本集團 截至二零二五年六月三十日止六個月未經審核管理賬目之初步評估以及董事會現時可得的資 料，本集團預計截至二零二五年六月三十日止六個月將錄得約人民幣40.8億元的淨虧損，而 截至二零二四年六月三十日止期間則錄得淨虧損人民幣23.3億元。期內的淨虧損主要由於中 國房地產行業持續低迷，導致來自物業開發的收入及毛利下降。 由於本公司仍正落實本集團截至二零二五年六月三十日止六個月的中期業績，故本公告所載 資料僅由本公司管理層根據未經本公司核數師審閱或審核的本集團未經審核管理賬目初步評 估作出。股東及本公司潛在投資者應小心閱讀本集團截至二零二五年六月三十日止六個月的 業績公告，該公告預期於二零二五年八月二十七日刊發。 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 ...

为鼓励和吸引人才在上海生活，上海官方也对符合条件的非沪籍居民家庭所购第一套房，暂免征收房产 税。第二套及以上住房，人均可扣除60平方米的免税面积。2025年1月1日起符合条件的购房者可享受这 条政策。 这是上海今年首次出台政策优化房地产政策。去年5月和9月，上海市两次出手放宽政策刺激楼市。 | 代码 | 名称 | | 涨跌幅 √ | 最新价 | 总市值 | | --- | --- | --- | --- | --- | --- | | 02202 | 万科企业 | (0) | 9.86% | 5.680 | 677.66亿 | | 00081 | 中国海外宏洋集团 | | 6.98% | 2.300 | 81.87 亿 | | 03377 | 远洋集团 | | 6.78% | 0.126 | 14.05亿 | | 01918 | 融创中国 | | 6.58% | 1.620 | 185.81 乙 | | 03301 | 融信中国 | | 5.50% | 0.211 | 3.55 Z | | 00960 | 龙湖集团 | | 5.22% | 11.280 | 788.15亿 | | 02777 | 富力地产 | ...

Core Insights - As of August, 20 distressed real estate companies have received approval for debt restructuring, with a total debt resolution scale exceeding 12,000 billion RMB [1] - Notable companies that completed domestic and overseas debt restructuring include Sunac, R&F, Aoyuan, and others [1] - Several companies have divested from real estate development, such as Lushang Development and Zhujiang Investment Group, indicating a trend towards asset-light transformation [1] Debt Restructuring - The total scale of debt restructuring among the 20 companies surpasses 12,000 billion RMB [1] - Companies that completed overseas debt restructuring include Zhongliang and others, while companies like Xuhui and Kaisa have received approval for overseas debt restructuring [1] Corporate Actions - Xinhua Group completed its restructuring in June, while Hohhot Coal and Longxing Real Estate Company also received approval for restructuring [1] - Jin Ke Co. and Xiexin Yuanchuang are currently in the execution phase of their restructuring after court approval [1] Industry Trends - Many listed companies are actively divesting from real estate development due to both proactive transformation and reactive measures to protect their operations [1] - The trend of exiting the real estate sector or shifting to asset-light models is evident among companies like Guancheng New Materials [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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2777） 海外監管公告 本海外監管公告乃根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.10B條 刊發。 以下有關廣州富力地產股份有限公司（「本公司」）的相關文件已經上載於上海證券交易所 的網站（http://www.sse.com.cn）： - 廣州富力地產股份有限公司關於公司債券停牌的公告 為遵守上市規則第 13.10B 條，該等上載資料亦刊登於香港聯合交易所有限公司「披露易」 網站（https://www.hkexnews.hk）。 承董事會命 廣州富力地產股份有限公司 董事長 | 债券代码:136360 | 债券简称:H16 富力 4 | | --- | --- | | 债券代码:136361 | 债券简称:H16 富力 5 | | 债券代码:135468 | 债券简称:H16 富力 6 | | 债券代码:155061 | ...

Group 1 - The Hong Kong real estate stocks saw an initial rise, with Midea Real Estate experiencing a notable increase of 15%, while other companies like Oceanwide Group, Sunac China, Longfor Group, Country Garden, and R&F Properties rose over 3% [1] - On August 18, Premier Li Qiang emphasized the need for strong measures to stabilize the real estate market and promote urban renewal, including the renovation of urban villages and dilapidated houses to release improvement demand [1] - Midea Real Estate announced a profit upgrade, expecting a profit attributable to shareholders from continuing operations to be between 250 million to 350 million yuan for the first half of 2025, compared to 140 million and 142 million yuan in the same period last year [1] Group 2 - Oceanwide Group's subsidiary, Beijing Oceanwide Holdings Group Co., Ltd., announced a domestic debt restructuring plan, with a creditor meeting scheduled from September 9 to September 12, involving 7 company bonds and 3 PPNs, totaling 18.05 billion yuan [1] - Country Garden announced that it is seeking strong support from creditors holding a significant amount of existing debt for its restructuring plan [1] - The stock performance of various real estate companies included Midea Real Estate at 5.120 yuan with an increase of 8.47%, Oceanwide Group at 0.121 yuan with a rise of 3.42%, and Longfor Group at 0.930 yuan with a gain of 3.33% [1]

Core Insights - The logistics real estate industry is characterized by significant regional concentration in China, with upstream supply concentrated in coastal and central regions, while the development and operation segments are primarily located in the Yangtze River Delta, Pearl River Delta, and Beijing-Tianjin-Hebei regions [5] Industry Overview - Logistics real estate serves as a platform for modern logistics facilities, where developers invest in and construct specialized logistics infrastructure based on the needs of logistics enterprises [1] - The main operational activities in logistics real estate include site selection, land acquisition, development, management, and fund operations [1] Competitive Landscape - According to Michael Porter's value chain theory, logistics real estate companies must focus on developing core competencies in strategic segments of the value chain to maintain competitive advantages [2] Company Performance - In 2024, the performance of logistics real estate companies in China shows significant divergence, with Kerry Properties reporting revenue of 19.5 billion yuan and a gross margin of 32.8%, while R&F Properties faced a loss with a revenue of 18.77 billion yuan and a gross margin of -4.7% [7] - Other companies like Joy City maintained stable performance with a revenue of 35.79 billion yuan and a gross margin of 21.8% [7] Investment Trends - Kerry Properties has been divesting logistics assets, including the sale of warehouses in Hong Kong for 4.62 billion HKD in 2022, while R&F Properties has exited the logistics real estate sector by selling its entire stake in Guangzhou Airport Logistics Park to Blackstone for a total of 5.295 billion yuan [10] - SF Holding is actively expanding its logistics footprint, planning to list REITs and investing in multiple industrial parks [10] - Other companies like Transfar Zhilian and Nanshan Holdings are also expanding their logistics networks and pursuing REIT listings [10]

本文源自：财华网 【财华社讯】富力地产(02777.HK)公布，集团于2025年七月的月內总销售收入共约人民币10.3亿元，销 售面积达约8.48万平方米。累计至2025年七月底，总销售收入约人民币83.3亿元，销售面积达约83.83万 平方米。 ...

格隆汇8月15日丨富力地产(02777.HK)发布公告，集团于2025年7月的月内总销售收入共约人民币10.3亿 元，销售面积达约8.48万平方米。累计至2025年7月底，总销售收入约人民币83.3亿元，销售面积达约 83.83万平方米。 ...

富力地产(02777)公布，该集团于2025年7月的月内总销售收入共约人民币10.3亿元，同比增长32.05%;销 售面积达约8.48万平方米。 1-7月，总销售收入约人民币83.3亿元，同比增长30.56%;销售面积达约83.83万平方米。 ...