Core Viewpoint - The article highlights a significant rally in the Chinese real estate stocks, driven by expectations of policy easing amid a deteriorating economic outlook [1] Group 1: Stock Performance - Vanke Enterprises (02202) surged by 16.47%, trading at HKD 3.89 [1] - Sunac China (01918) increased by 12.56%, reaching HKD 1.39 [1] - Jin Hui Holdings (09993) rose by 11.56%, priced at HKD 2.22 [1] - Shimao Group (00813) climbed by 9.85%, now at HKD 0.223 [1] - Agile Group (03383) gained 9.68%, trading at HKD 0.34 [1] Group 2: Market Analysis - Caixin Securities' recent report suggests that the expectation of policy easing due to further deterioration in the fundamentals may lead to a valuation recovery in the sector [1] - The report emphasizes the need to focus on leading companies with core city resources and real estate operational capabilities for long-term investment opportunities [1] - Galaxy Securities indicates that risks in real estate, small financial institutions, and local debts may be key areas for future policy interventions [1]

消息面上，雅居乐集团发布公告称，12月9日，收到新濠(中山)企业管理(呈请人)向香港高等法院提呈的 清盘呈请，涉及若干据称未付款项，总额约1859万美元及223万港元。该款项源自中国国际经济贸易仲 裁委员会仲裁庭于今年9月25日作出的仲裁裁决。呈请的首次聆讯日期定为2026年2月25日。公司表示正 积极与呈请人沟通，力求与呈请人协商达成有效解决方案。 雅居乐集团(03383)继昨日大跌18%后，今早再一度挫逾9%。截至发稿，跌6.45%，报0.29港元，成交额 306.46万港元。 ...

智通财经APP获悉，雅居乐集团(03383)继昨日大跌18%后，今早再一度挫逾9%。截至发稿，跌6.45%， 报0.29港元，成交额306.46万港元。 消息面上，雅居乐集团发布公告称，12月9日，收到新濠(中山)企业管理(呈请人)向香港高等法院提呈的 清盘呈请，涉及若干据称未付款项，总额约1859万美元及223万港元。该款项源自中国国际经济贸易仲 裁委员会仲裁庭于今年9月25日作出的仲裁裁决。呈请的首次聆讯日期定为2026年2月25日。公司表示正 积极与呈请人沟通，力求与呈请人协商达成有效解决方案。 ...

Group 1 - The core issue involves a winding-up petition filed against the company by New Macau (Zhongshan) Enterprise Management Limited, claiming unpaid amounts totaling approximately $18.59 million and HKD 2.23 million, stemming from an arbitration ruling [1][2] - The company has received a notice regarding the fluctuation in its stock price and trading volume on December 9, 2025, coinciding with the filing of the winding-up petition [1] - The High Court has scheduled the first hearing for the winding-up petition on February 25, 2026, at 9:30 AM [1] Group 2 - The company intends to actively communicate and collaborate with its overseas creditors to restructure its foreign debt, aiming to reach preliminary restructuring terms with major creditors as soon as possible [2] - The company is also seeking to negotiate with the petitioner to achieve an effective resolution, including efforts to have the petition withdrawn or dismissed [2] - The board believes that the petition does not represent the interests of other stakeholders and may negatively impact the company's value [2]

Core Viewpoint - Aoyuan Group is facing a winding-up petition due to alleged unpaid amounts totaling approximately $18.59 million and HKD 2.23 million, stemming from an arbitration ruling. The company intends to oppose the petition vigorously and is exploring options for a comprehensive solution to its overseas debt [1][2]. Group 1 - On December 9, Aoyuan Group's shares were transferred from HSBC to Mingji Securities, with a market value of HKD 120 million, representing 6.28% of the company [1]. - The company has noted fluctuations in its stock price and trading volume on December 9, 2025, coinciding with news reports about the winding-up petition [1]. - The High Court has scheduled the first hearing for the winding-up petition on February 25, 2026, at 9:30 AM [1]. Group 2 - Despite receiving the petition, the company will continue to actively communicate and collaborate with overseas creditors to restructure its overseas debt, aiming to reach preliminary restructuring terms with major creditor groups as soon as possible [2]. - The company is also in discussions with the petitioner to seek an effective resolution, including efforts to have the petition withdrawn or dismissed [2]. - The board believes that the petition does not represent the interests of other stakeholders and may negatively impact the company's value [2].

Group 1 - Wuhan successfully sold 26 land parcels for nearly 8.7 billion yuan, indicating a stabilization in the land market with high premium transactions in core areas [1] - The competitive bidding for the residential land in Jianghan District, which saw a 20.49% premium, reflects the attractiveness of prime locations [1] - Major players like China Resources Land and Wuhan Urban Investment participating in the auction demonstrate confidence in the Wuhan market, highlighting the current trend of state-owned enterprises leading in land acquisitions [1] Group 2 - Beike's chairman Peng Yongdong sold 1.4 million ADS shares to fulfill a donation commitment, with proceeds aimed at improving medical benefits for housing service workers and supporting new graduates with rental assistance [2] - This sale marks Peng's first stock sale since the company's IPO, clarifying previous controversies regarding high salaries as part of stock compensation to meet listing requirements [2] - The company's revenue for Q3 2025 reached 23.1 billion yuan, reflecting a year-on-year increase of 2.1% [2] Group 3 - Zhengzhou state-owned enterprise acquired the Zhengzhou R&F Wanda Hotel for 328 million yuan, significantly below the reference price, indicating the pressure on hotel asset valuations amid ongoing financial struggles for R&F [3] - The sale is part of R&F's strategy to alleviate liquidity issues and facilitate debt restructuring by divesting underperforming assets [3] - The auction price being set at 70% of the reference price underscores the urgency for real estate companies to dispose of non-core assets [3] Group 4 - Li Hairong resigned from her position as a non-executive director at Greentown Service to focus on personal business, with the company expressing gratitude for her contributions [4] - The resignation is part of normal personnel adjustments and ensures a smooth transition within the board, maintaining stability in corporate governance [4] - The announcement clarified that there were no disagreements with the board, alleviating market concerns regarding governance issues [4] Group 5 - Agile Group faced a winding-up petition filed by New Macau (Zhongshan) Enterprises, stemming from a dispute over a 4 billion yuan joint development project [5] - The project, initially intended for residential and entertainment development, was halted due to Agile's failure to fulfill partnership agreement terms [5] - This situation highlights the credit risks associated with Agile, exacerbating its debt restructuring challenges amid a tightening liquidity environment for real estate companies [5]

雅居乐集团晚间在港交所公告，于2025年12月9日，公司收到新濠（中山）企业管理有限公司向香港特 别行政区高等法院（"高等法院"）提呈的清盘呈请，呈请涉及若干据称未付款项，总额为18,587,146.57 美元和2,234,331.43港元，该款项源自中国国际经济贸易仲裁委员会仲裁庭于2025年9月25日作出的仲裁 裁决。高等法院已将呈请的首次聆讯日期定为2026年2月25日上午9：30。 ...

雅居乐集团(03383)公布，董事会注意到公司股份于2025年12月9日在联交所的交易价格和成交量出现波 动，以及最近有新闻报道指称公司被提呈清盘呈请。于2025年12月9日，公司收到新濠(中山)企业管理 有限公司(呈请人)向香港特别行政区高等法院提呈的清盘呈请，呈请涉及若干据称未付款项，总额为 18,587,146.57 美元和2,234,331.43港元，该款项源自中国国际经济贸易仲裁委员会仲裁庭于 2025年9月25 日作出的仲裁裁决。高等法院已将呈请的首次聆讯日期定为2026年2月25日上午9：30。 尽管已收到呈请，公司仍将继续积极与境外债权人沟通合作，透过对集团境外债务进行全面重组，目标 是尽快与主要境外债权人组别就初步重组条款达成协议。同时，公司正积极与呈请人沟通，力求与呈请 人协商达成有效解决方案(包括努力促使呈请尽快被撤回或驳回)。董事会认为，呈请并不代表其他持份 者的利益，并可能对公司及其他持份者的价值造成负面影响。因此，公司将寻求法律途径坚决反对呈 请，并采取一切必要行动维护公司的合法权益。 公司将极力反对呈请。然而，鉴于公司清盘条例第182条的影响，董事会谨此提醒公司股东及潜在投资 者 ...

公司将极力反对呈请。然而，鉴于公司清盘条例第182条的影响，董事会谨此提醒公司股东及潜在投资 者，倘公司最终清盘，在未获得高等法院认可令的情况下，于起始日或之后作出的公司股份转让将属无 效。公司目前无意就公司股份转让向高等法院申请认可令。公司将在稍后阶段结合其境外债务综合解决 方案的进度，考虑是否有必要向高等法院申请认可令。 尽管已收到呈请，公司仍将继续积极与境外债权人沟通合作，透过对集团境外债务进行全面重组，目标 是尽快与主要境外债权人组别就初步重组条款达成协议。同时，公司正积极与呈请人沟通，力求与呈请 人协商达成有效解决方案(包括努力促使呈请尽快被撤回或驳回)。董事会认为，呈请并不代表其他持份 者的利益，并可能对公司及其他持份者的价值造成负面影响。因此，公司将寻求法律途径坚决反对呈 请，并采取一切必要行动维护公司的合法权益。 智通财经APP讯，雅居乐集团(03383)公布，董事会注意到公司股份于2025年12月9日在联交所的交易价 格和成交量出现波动，以及最近有新闻报道指称公司被提呈清盘呈请。于2025年12月9日，公司收到新 濠(中山)企业管理有限公司(呈请人)向香港特别行政区高等法院提呈的清盘呈请，呈 ...

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。 雅居樂集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：3383） 內幕消息 清盤呈請 本公告乃由雅居樂集團控股有限公司（「本公司」，連同其附屬公司，統稱 「 本集團 」 ） 根 據 香 港 聯 合 交 易 所 有 限 公 司 （ 「 聯交所 」）證券上市規則 （「上市規則」）第13.09(2)(a)條、第13.19條及第13.25(1)(b)條以及證券及期 貨條例（香港法例第571章）第XIVA部項下內幕消息條文（定義見上市規則）， 以及應聯交所的要求根據上市規則第13.10(1)條而作出。 呈請的影響 呈請的提出不代表呈請人能成功對本公司進行清盤。於本公告日期，高等法院 並無頒佈清盤令以將本公司清盤。本公司不認為呈請會對本公司於此階段的營 運造成實質性影響。 根據公司（清盤及雜項條文）條例（香港法例第32章）（「公司清盤條例」） 第182 條，倘本公司最終因呈請而清盤，則於清盤起始日（ ...