Core Viewpoint - In October, China Overseas Development reported a significant decline in property sales, indicating challenges in the real estate market [1] Sales Performance - The total contract property sales amount for October was approximately 18.661 billion yuan, representing a year-on-year decrease of 55.1% [1] - The corresponding sales area was about 871,600 square meters, which is a year-on-year decline of 40% [1]

Core Viewpoint - China Overseas Development (00688) reported a significant decline in contract property sales for October 2025, with a year-on-year decrease of 55.1% in sales amount and 40.0% in sales area [1] Sales Performance - In October 2025, the contract property sales amount was approximately RMB 18.661 billion, with a sales area of about 871,600 square meters [1] - From January to October 2025, the cumulative contract property sales amount reached approximately RMB 189.165 billion, reflecting a year-on-year decline of 21.3%, while the cumulative sales area was about 8.454 million square meters, down 6.9% year-on-year [1] Property Acquisition - As of October 31, 2025, the company secured recognized property sales of approximately RMB 2.926 billion, expected to convert into contract property sales in the coming months [1] Land Acquisition - In October 2025, the company acquired three new land parcels in Guangzhou, Shanghai, and Shijiazhuang, with a total equity building area of approximately 395,089.81 square meters and an equity land price of about RMB 7.073 billion [1] - From January to October 2025, the group added a cumulative equity building area of approximately 4,028,798.95 square meters, with a cumulative equity land price of about RMB 83.707 billion [1] - Additionally, in October 2025, China Overseas Hongyang acquired a land parcel in Yangzhou, Jiangsu Province, with an equity building area of approximately 94,532.00 square meters and an equity land price of about RMB 403 million [1]

Core Viewpoint - China Overseas Development (00688) reported a significant decline in contract property sales for October 2025, with a year-on-year decrease of 55.1% in sales amount and 40.0% in sales area [1] Sales Performance - In October 2025, the contract property sales amount was approximately RMB 18.661 billion, with a sales area of about 871,600 square meters [1] - From January to October 2025, the cumulative contract property sales amount reached approximately RMB 189.1665 billion, with a cumulative sales area of about 8.454 million square meters, reflecting year-on-year declines of 21.3% and 6.9% respectively [1] Property Acquisition - As of October 31, 2025, the company secured recognized property sales of approximately RMB 2.926 billion, expected to convert into contract property sales in the coming months [1] Land Acquisition - In October 2025, the company acquired three land parcels in Guangzhou, Shanghai, and Shijiazhuang, with a total equity construction area of approximately 395,089.81 square meters and an equity land price of about RMB 7.073 billion [1] - From January to October 2025, the total equity construction area of newly acquired land reached approximately 4,028,798.95 square meters, with a cumulative equity land price of about RMB 83.707 billion [1] - In October 2025, China Overseas Hongyang acquired a land parcel in Yangzhou, Jiangsu Province, with an equity construction area of approximately 94,532.00 square meters and an equity land price of about RMB 403 million [1]

Core Viewpoint - China Overseas Development (00688.HK) reported a significant decline in contract property sales for October 2025, with a year-on-year decrease of 55.1% in sales amount and 40.0% in sales area [1] Sales Performance - In October 2025, the contract property sales amount was approximately RMB 18.661 billion, with a sales area of about 871,600 square meters [1] - From January to October 2025, the cumulative contract property sales amount reached approximately RMB 189.165 billion, reflecting a year-on-year decline of 21.3%, while the cumulative sales area was about 8.454 million square meters, down 6.9% year-on-year [1] - As of October 31, 2025, the company recorded recognized property sales of approximately RMB 2.926 billion, expected to convert into contract property sales in the coming months [1] Land Acquisition - In October 2025, the group acquired three new land parcels in Guangzhou, Shanghai, and Shijiazhuang, with a total equity construction area of approximately 395,100 square meters and an equity land price of about RMB 7.073 billion [1] - From January to October 2025, the cumulative new land acquisition amounted to an equity construction area of approximately 4.0288 million square meters and a cumulative equity land price of about RMB 83.707 billion [1] - Additionally, in October 2025, China Overseas Hongyang Group acquired a land parcel in Yangzhou, Jiangsu Province, with an equity construction area of approximately 94,500 square meters and an equity land price of about RMB 403 million [1]

（於香港註冊成立之有限公司） （股份代號：688） 截至二零二五年十月三十一日止十個月 物業銷售和新增土地更新 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。 一、物業銷售更新 於二零二五年十月，中國海外系列公司的合約物業銷售金額約人民幣186.61億元，按年 下跌55.1%；而相應的銷售面積約為871,600平方米，按年下跌40.0%。合約物業銷售金額 和相應的銷售面積的詳情如下列表1所示。 二零二五年一月至十月，中國海外系列公司累計合約物業銷售金額約人民幣1,891.65億 元；而相應的累計銷售面積約8,454,000平方米，分別按年下跌21.3%及6.9%。 此外，截至二零二五年十月三十一日，中國海外系列公司錄得已認購物業銷售約人民幣 29.26億元，預期將於往後數月內轉化為合約物業銷售。 1 | | 合約物業銷售 | 銷售面積 | | --- | --- | --- | | | （人民幣億元） | （萬平方米） | | 本公司及其附屬公司 | ...

智通财经APP讯，中国海外发展(00688)发布公告，中海企业发展集团有限公司2023年面向专业投资者公 开发行公司债券(第一期)将于2025年11月7日支付自2024年11月7日至2025年11月6日期间的利息。 本期债券品种一简称"23中海01"，品种一发行总额为20亿元，票面利率2.90%，每10张"23中海01"面值 人民币1000元派发利息为人民币29.00元(含税);品种二债券简称"23中海02"，发行总额为10亿元，票面 利率3.25%，每10张"23中海02"面值人民币1000元派发利息为人民币32.50元(含税)。 ...

中国海外发展(00688)发布公告，中海企业发展集团有限公司2023年面向专业投资者公开发行公司债券 (第一期)将于2025年11月7日支付自2024年11月7日至2025年11月6日期间的利息。 本期债券品种一简称"23中海01"，品种一发行总额为20亿元，票面利率2.90%，每10张"23中海01"面值 人民币1000元派发利息为人民币29.00元(含税);品种二债券简称"23中海02"，发行总额为10亿元，票面 利率3.25%，每10张"23中海02"面值人民币1000元派发利息为人民币32.50元(含税)。 ...

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，並明確表示概不會就本公告全部或任何部分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。 （於香港註冊成立之有限公司） （股份代號：688） 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（「聯交所」）證券上市規則（「上市 規則」）第13.10B條刊發。 中國海外發展有限公司（「本公司」）於二零二三年十月三十一日及其後刊發了關於中 海企業發展集團有限公司（本公司全資附屬公司）2023年面向專業投資者公開發行公司 債券（第一期）的公告。 根據有關規定，中海企業發展集團有限公司已經於深圳證券交易所網站 （http://www.szse.cn）上載了《中海企業發展集團有限公司2023年面向專業投資者公開 發行公司債券（第一期）2025年付息公告》。 為遵守上市規則第13.10B條，該等上載資料亦刊登於聯交所「披露易」中文版網站 （http://www.hkexnews.hk）。 承董事局命 中國海外發展有限公司 主席兼執行董事 顏建國 香港，二零二五年十一月五日 於本公告日期，顏建國先生（ ...

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: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國海外發展有限公司 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 不適用 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 00688 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 10,944,883,535 | | 0 | | 10,944,883,535 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 10,944,883,535 | | 0 | | 10,944,883,5 ...

Core Viewpoint - China Overseas Development (00688.HK) announced that the Huaxia China Overseas Commercial Asset Closed-End Infrastructure Securities Investment Fund (REIT) will be listed on the Shenzhen Stock Exchange starting October 31, 2025, with the trading code 180607.SZ [1] Group 1: Company Performance - As of October 31, 2025, China Overseas Development closed at HKD 13.03, down 1.59%, with a trading volume of 22.56 million shares and a turnover of HKD 296 million [1] - The market capitalization of China Overseas Development is HKD 144.91 billion, ranking 3rd in the Real Estate Development II industry [2] - Key financial metrics include: - Return on Equity (ROE): 3.63%, compared to the industry average of -19.07% [2] - Revenue: HKD 181.44 billion, against the industry average of HKD 17.70 billion [2] - Net Profit Margin: 11.45%, while the industry average is -142.2% [2] - Gross Profit Margin: 17.38%, compared to the industry average of 12.84% [2] - Debt Ratio: 53.66%, lower than the industry average of 67.54% [2] Group 2: Analyst Ratings - The majority of investment banks have a "Buy" rating for China Overseas Development, with 11 banks issuing buy ratings in the last 90 days [1] - The average target price over the last 90 days is HKD 18.95 [1] - Notable ratings include: - Guolian Minsheng Securities: Buy [1] - Caitong Securities: Hold [1] - First Capital: Buy with a target price of HKD 19.35 [1] - Huachuang Securities: Recommend with a target price of HKD 20.00 [1] - Other banks have also issued buy or hold ratings with various target prices [1]