冀时007消息:2月25日，A股房地产板块异动拉升，城投控股涨停，光明地产触及涨停，华夏幸福、绿地 控股、陆家嘴、金地集团等集体跟涨，市场情绪明显回暖。 对于地产股而言，本轮上涨是政策预期+估值修复的共振。行业风险逐步缓释，销售端出现改善信号， 低估值地产板块重新获得资金关注。 综合判断：房地产市场与地产股均已出现阶段性回暖，但并非全面反转。当前是政策托底+需求释放带 来的温和复苏，未来能否持续，关键看销售数据能否稳步兑现。对购房者与投资者来说，2026年都是一 个需要把握的结构性机会窗口。 消息面上，广州推出大规模新春楼市促销，近50家房企、140多个楼盘推出优惠活动，持续至3月底，以 真金白银激活购房需求。这不仅是地方促消费的具体举措，更是全国楼市回暖的一个缩影。 从政策层面看，今年以来房地产支持政策持续加码。中央延续换购住房个税退税，房贷利率保持低位； 各地纷纷取消限购、降低首付、发放购房补贴、推进以旧换新，形成"中央定调、地方落实"的强力托底 格局。政策底已经夯实，为市场复苏提供了坚实支撑。 从市场表现看，核心城市二手房成交回升，新房促销带动到访与成交上涨，市场观望情绪有所缓解。楼 市正从单边下行，转 ...

南方财经2月25日电，房地产板块异动拉升，城投控股涨停，光明地产触及涨停，华夏幸福、绿地控 股、陆家嘴、金地集团跟涨。消息面上，据广州市房地产行业协会统计数据，从春节前到3月31日，全 市11区相关房地产企业陆续推出促销活动，近50家房地产企业超140个楼盘推出迎新春优惠大礼包。 ...

针对上述困境，相关市场实践已开始探索破题之道。2023年，绿地金创联合中建研科技、中冶检测等机 构，在绿地金创全资子公司贵州省绿金低碳交易中心（以下简称"贵州绿交所"）启动"建筑碳信用机 制"。该机制对公共建筑领域节能改造、能源管理等自愿减排项目的温室气体减排效果进行量化核证， 并将相应的减排量在贵州绿交所登记、交易。 据悉，从2023年12月至2025年底，贵州绿交所已累计挂牌11只国内建筑碳信用产品，帮助近30000吨公 共建筑减碳量从减碳数据变成业主财务报表上可交易的无形资产。 绿地金创科技集团首席可持续发展官、绿地数字经济产业研究院执行院长李想向21世纪经济报道记者表 示，按去年54元/吨的成交均价计算，将通过交易为业主创造约150万元的直接经济收益。如果按照每个 项目减碳量最多21年计入期测算，再考虑碳价上涨可能，业主通过建筑碳信用实现的收益还将成倍放 大。 21世纪经济报道记者雷椰北京报道 推动经济社会全面绿色低碳转型已成为地方发展的重要任务。 近日，在上海两会召开期间，针对绿色建筑减排效果价值体现等问题，上海市人大代表、绿地控股集团 有限公司执行总裁、绿地金创科技集团有限公司董事长耿靖提出促进" ...

本报讯 2月24日，绿地控股集团股份有限公司（以下简称"绿地集团"）宣布，公司在大宗商品贸易、新 能源汽车出口等领域连续签订国际贸易大单，这标志着绿地集团积极响应国家战略、深度融入海南新发 展格局迈出了实质性步伐。 绿地集团相关人士表示，2026年公司将紧紧围绕国家战略导向，推动相关产业全面进军海南，在多个领 域落实一批重要的合作项目，全面深化海南自贸港战略布局，为自贸港建设注入强大动能。 （文章来源：证券日报） 据悉，这是继去年底海南自贸港正式封关之际在海南设立两大产业平台、在封关满月之际设立海南自贸 港区域管理总部并签署一批战略合作协议之后，绿地集团第一时间落地海南发展重要部署，以首单国际 贸易业务和实际行动服务海南自贸港国家战略，实现了2026年在海南增量业务规模超过100亿元的"开门 红"。 根据协议，作为绿地集团旗下服务海南自贸港建设的产业平台，海南绿天产业经营有限公司充分发挥海 南自贸港政策优势，依托全球供应链协作体系，与土耳其油脂贸易头部企业EYCO公司达成5000吨精炼 豆油年度出口合作。 与此同时，作为绿地集团旗下新能源汽车出口专项平台，绿地世纪（江苏）国际贸易有限公司同样在年 初斩获大单， ...

2月24日，绿地集团在大宗商品贸易、新能源汽车出口等领域签订多个国际贸易大单。作为绿地集 团旗下新能源汽车出口专项平台，绿地世纪（江苏）国际贸易有限公司同样在年初获大单，绿地世纪与 阿联酋头部汽车经销企业WORLINK公司达成5000台国产汽车出口合作。 ...

来源：绿地集团 为更好服务海南自贸港国家战略，马年春节后首个工作日，绿地集团在大宗商品贸易、新能源汽车出口 等领域签订多个国际贸易大单，标志着绿地积极响应国家战略、主动拥抱时代机遇，深度融入海南新发 展格局迈出了实质性步伐，打响了新春"开门红"。这是继去年底海南自贸港正式封关之际在海南设立两 大产业平台、在封关满月之际设立海南自贸港区域管理总部并签署一批战略合作协议之后，绿地集团第 一时间落地海南发展重要部署，以首单国际贸易业务和实际行动服务海南自贸港国家战略，实现了推动 2026年在琼增量业务规模超过100亿元的"开门红"。 海南自贸港全岛正式封关运作。作为上海市属特大型国企，绿地集团积极响应国家号召：去年12月20 日，绿地集团在海南设立的两大产业平台——海南海绿产业投资有限公司与海南绿天产业经营有限公司 正式揭牌，依托两大产业平台，进一步整合优质资源、创新合作模式、优化供应效能；今年1月20日， 设立海南自贸港区域管理总部，并与海南国资系统重要核心企业海南省农垦投资控股集团、海南省旅游 投资集团以及东方市人民政府等，签署一批战略合作协议及具体项目合作协议，举全集团之力，把商 贸、金融、康养酒旅、城市更新 ...

Core Viewpoint - The A-share listed real estate companies are facing significant losses in 2025, with 74% of the 77 companies that released earnings forecasts expecting to report losses totaling approximately 208.2-209.4 billion yuan, indicating a deep industry adjustment [2][4]. Group 1: Loss Forecasts - Among the companies, Vanke is expected to incur the largest loss of 820 billion yuan, marking the highest loss in A-share real estate history, a 65.7% increase from 2024 [4]. - Other companies with substantial losses include China Fortune Land Development (160-240 billion yuan), Greenland Holdings (160-190 billion yuan), and China Overseas Land & Investment (130-155 billion yuan) [4][5]. - The overall decline in sales volume and prices is reflected in the financial metrics, with a reported 8.7% decrease in new housing sales area and a 12.6% drop in sales revenue [5]. Group 2: Common Challenges - The primary reasons for the losses include weak sales leading to reduced profit recognition, as profits from real estate sales are recognized with a lag [6]. - Despite diversification efforts, companies remain heavily reliant on real estate development, which has been underperforming during the industry downturn, limiting their ability to offset losses from core operations [6]. - Asset impairment provisions have surged due to declining real estate prices, with Vanke reporting over 50 billion yuan in impairments, significantly impacting overall losses [6]. Group 3: Notable Exceptions - Kaisa Group stands out as a positive example, projecting a net profit of 300-350 billion yuan for 2025, primarily due to debt restructuring gains of 680-700 billion yuan [7]. - The company has shifted its focus from traditional real estate development to light asset operations, including property services and commercial management, to enhance resilience against market fluctuations [7]. Group 4: Industry Outlook - The year 2025 is seen as a critical period for the real estate sector, with ongoing adjustments expected to lead to a gradual recovery starting in 2026, supported by favorable policies and market improvements [11][12]. - Regulatory measures are being implemented to stabilize the financing environment and stimulate demand, which may help quality companies regain market share while weaker firms face potential elimination [11][12].

Group 1 - The company announced an increase in lawsuits, totaling 1,566 cases with a cumulative amount of 6.04 billion yuan, primarily involving construction and procurement disputes [1] - The chairman emphasized a transformation strategy for 2026 focusing on revitalizing resources and concentrating on new areas [1] Group 2 - On February 13, the company's stock closed at 1.64 yuan, down 1.80% for the day, with a trading volume of 148 million yuan [2] - Over the past five days, the stock price has decreased by 1.20%, while the real estate sector has seen a decline of 0.41% [2] Group 3 - Market attention towards the company is generally moderate, with an overall neutral rating and low frequency of institutional research [3] - Three institutions forecast a 25% decline in net profit for 2025 and a 33.33% decline for 2026, indicating ongoing challenges in profit recovery [3]

Core Insights - The tenfold stocks of the 1990s are a historical slice resonating with institutional reforms, economic takeoff, and the nascent market, primarily linked to urbanization, industrialization, and technological advancement, and are difficult to exist independently of a bull market environment [1] - Short-term bull stocks rely on the bull market environment and restructuring speculation, while long-term bull stocks benefit from economic upturns and the Kondratiev wave's era beta [1] - The successful journey of bull stocks can be attributed to five key elements: institutional dividends, bull market environment, Kondratiev upturn, mergers and acquisitions, and high performance growth [1] Group 1: Characteristics of Tenfold Stocks in the 1990s - The occurrence rate of tenfold stocks in the 1990s was approximately 9.6%, with the shortest journey taking only 0.27 years and the longest 8.68 years, averaging 4.52 years [2][18] - The maximum increase was 123 times, the minimum was 10 times, and the average cumulative return was 21.3 times, with a median annualized return of 82.8% [2][18] - The industries with the most tenfold stocks were primarily related to urbanization and technological advancement, with real estate, pharmaceuticals, and computer industries leading [2][21] Group 2: Short Tenfold Journey Analysis - Stocks achieving tenfold growth in 1-2 years were primarily driven by the bull market environment, event-driven factors, and funding sentiment, with high performance growth also playing a significant role [3][42] - Typical cases include Chuangyuan Technology and Guotou Electric, both achieving significant growth due to high performance growth, market conditions, and industry reform expectations [27][31] Group 3: Long Tenfold Journey Analysis - Stocks achieving tenfold growth in 5-8 years were more influenced by economic upturns and systemic opportunities provided by the bull market environment [4][43] - Representative cases include Fangzheng Technology and Zhongankai, which benefited from institutional dividends, overall market upturns, and business improvements following new shareholder involvement [43][50] Group 4: Five Key Genes of Tenfold Stocks - Institutional dividends played a dual role, with market reforms opening supply constraints and demand doors, leading to active market trading and significant stock price increases [5] - The bull market environment acted as a necessary accelerator, with all 72 tenfold stocks experiencing at least one bull market [5] - The Kondratiev wave period created heroes, particularly benefiting hardware manufacturing and electronic processing companies [5] - Major events opened up imagination space and upward elasticity, with significant events quickly reversing investor expectations and leading to substantial valuation expansions [5] - High performance growth was a crucial core, with limited stock supply in the early stages leading to high demand for quality companies [5]

2月12日盘后，绿地控股（600606）发布公告，公司及控股子公司在2026年1月23日至2026年2月10日新增诉讼1566件，累计金额60.4亿元。 具体来看，公司作为被告的诉讼事项共有1455件，累计金额52.89亿元。其中建设工程施工/采购诉讼纠纷663件，金额26.81亿元；房地产买卖/租赁诉讼纠 纷519件，金额3.74亿元；其他诉讼纠纷273件，金额22.34亿元。 作为原告的诉讼事项共有111件，累计金额7.51亿元。其中，建设工程施工/采购诉讼纠纷44件，金额4.61亿元；房地产买卖/租赁诉讼纠纷36件，金额1.42 亿元；其他诉讼纠纷31件，金额1.48亿元。 19天新增1566件官司，且多为被告方。若这些未决案件判决结果对公司不利，绿地控股将承担大额赔偿或支付义务，直接冲击当期利润和现金流。公司指 出，当前房地产及基建行业仍处于调整周期，面临较大压力，因此高度重视诉讼化解工作，采取了包括组建工作专班、实施领导包案等措施，公司表示将 持续加大工作力度，妥善处理相关诉讼，以减小对经营活动的影响，并保护投资者的合法权益。 编辑信嘉毅责编朱峰校审梁荣高 2025年11月14日至12月2日新增诉讼 ...