Core Viewpoint - China Resources Land (01109.HK) reported a steady growth in recurring income and rental income from its operational real estate business for the year ending October 2025, indicating a positive trend in its financial performance [1] Financial Performance - For October 2025, the group's recurring income was approximately RMB 4.33 billion, representing a year-on-year increase of 3.0% [1] - The rental income from operational real estate for the same period was approximately RMB 2.94 billion, showing a significant year-on-year growth of 16.8% [1] - Cumulatively, for the first ten months of 2025, the recurring income reached approximately RMB 41.48 billion, reflecting a year-on-year increase of 7.2% [1] - The rental income from operational real estate for the first ten months was approximately RMB 27.10 billion, with a year-on-year growth of 13.0% [1]

华润置地(01109)公布，截至202510月31日止一个月，该集团实现总合同销售金额约人民币152.0亿元， 总合同销售建筑面积约68.1万平方米，分别按年减少51.0%及46.8%。2025前10月累计合同销售额约人民 币1,696.0亿元，总合同销售建筑面积约641.0万平方米，分别按年减少16.6%及27.4%。 202510月，该集团经常性收入约人民币43.3亿元，按年增长3.0%，其中，经营性不动产业务租金收入约 人民币29.4亿元，按年增长16.8%。2025前10月累计经常性收入约人民币414.8亿元，按年增长7.2%，其 中，经营性不动产业务租金收入约人民币271.0亿元，按年增长13.0%。 ...

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。 （於開曼群島註冊成立的有限公司） (股份代號: 01109.HK) 截至2025年10月31日止一個月未經審核營運數據 華潤置地有限公司(「本公司」)董事會(「董事會」)謹此公佈，截至2025年10月31日止一個月，本 公司及其附屬公司(「本集團」)實現總合同銷售金額約人民幣152.0億元，總合同銷售建築面積約 68.1萬平方米，分別按年減少51.0%及46.8%。2025年前10月累計合同銷售金額約人民幣1,696.0 億元，總合同銷售建築面積約641.0萬平方米，分別按年減少16.6%及27.4%。 2025年10月，本集團經常性收入約人民幣43.3億元，按年增長3.0%，其中，經營性不動產業務租 金收入約人民幣29.4億元，按年增長16.8%。2025年前10月累計經常性收入約人民幣414.8億元， 按年增長7.2%，其中，經營性不動產業務租金收入約人民幣271.0億元，按年增長13.0%。 上述 ...

Core Viewpoint - The survival situation of real estate companies is showing marginal improvement, with a notable revival in both domestic and international financing channels [10]. Group 1: Company Financing Activities - China Resources Land has announced a plan to issue a $3.9 billion medium-term note, marking its first dollar bond issuance in six years, aimed at professional investors [4][5]. - The last dollar bond issuance by China Resources Land occurred in November 2019, when it sought approval for a similar $3.9 billion medium-term note [5]. - The issuance is intended for debt structure optimization, with Moody's assigning a "Baa1" investment-grade rating to the proposed notes, indicating strong liquidity and financial flexibility for the company [6]. Group 2: Market Trends and Comparisons - The revival of dollar bond issuance among major state-owned enterprises is seen as a positive signal, with China Resources Land's $3.9 billion plan being one of the largest among real estate companies [5]. - Other companies like Greentown China and New City Development have also successfully issued dollar bonds this year, indicating a normalization of offshore financing for real estate firms [5][10]. - The average interest rate for bond financing in the real estate sector has decreased to 2.56%, reflecting a growing acceptance of Chinese real estate companies in the international market [10]. Group 3: Financial Health and Market Confidence - As of mid-2025, China Resources Land reported cash holdings of 120.24 billion yuan, with a cash-to-short-term debt ratio of 1.95, indicating a solid financial position [7]. - The overall debt situation of real estate companies is improving, with a significant year-on-year increase in bond financing, suggesting a recovery in market confidence [10]. - The successful issuance of high-yield bonds by companies like New City Development indicates a cautious but growing acceptance of risk among investors in the real estate sector [8][9].

香港交易及結算所有限公司及香港聯合交易所有限公司（「香港聯交所」）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。 本公告及其隨附的上市文件僅供參考之用，並不構成收購、購買或認購證券的邀 請或要約，或訂立任何協議以作出任何該等事宜的邀請，亦不被視作收購、購買 或認購任何證券的要約邀請。 本公告及本文所述上市文件乃按上市規則（定義見下文）規定的僅作資料用途而刊 發，並不構成提呈出售任何證券的要約或招攬購買任何證券。本公告及其任何內 容（包括上市文件）並非任何合約或承諾的依據。為免生疑，刊發本公告及本文所 述的上市文件不應被視為就香港法例第32章公司（ 清盤及雜項條文 ）條例而言根據 本公司（ 定義見下文 ）或代其刊發的招股章程提出的證券發售建議，亦概不構成就 香 港 法 例 第 571章 證 券 及 期 貨 條 例 而 言 的 廣 告 、 邀 請 或 文 件 ， 其 中 載 有 向 公 眾 人 士的邀約，訂立或建議訂立有關購買、出售、認購或包銷證券的協議。 本公告及其隨附的上市文件並不構成亦不屬在或 ...

近日，"仰山之后 再望雲"华润置地济南望雲四代雲墅产品说明会暨答谢晚宴落幕。华润置地山东公司总经理 夏珑、副总经理彭杉杉，GAD设计集团设计总监江芳、李益中设计创办人李益中、知名学者魏新等业内外大 咖，与华润置地部分业主嘉宾齐聚一堂，见证这一重要时刻。 魏新带来沉浸式分享，从文化维度解读山水与人的深层共生关系，让嘉宾深刻领会到望雲项目所承载的人文 价值。 晚宴以一场极具视觉冲击力的灯光秀拉开帷幕，随后《墨韵五脉》视频缓缓铺展，为现场奠定兼具人文底蕴 与现代美学的基调。 安 一一 | 美家 Antan | 九原b-Rate 山水人文家 t | 48 公具新置地 | 为更好的城市 | 需要 at . 1 节目主持人书匀以华润置地业主的双重身份登台，瞬间拉近与现场嘉宾的距离："从仰山到望雲，既是人生从 攀登到栖居的进阶，更是华润置地山居作品的焕新跨越。" 活动现场，舞蹈《人生极致 俯仰皆山》以灵动舞姿诠释山水形神，引发嘉宾对山居生活的无限遐想。 随后，《见山》短片直观呈现望雲项目的山水基底，将这片土地的自然魅力展现得淋漓尽致。 目前，望雲7月首开至今持续热销，二期约143-172㎡爆款户型即将新推，建面约245-2 ...

久期财经讯，11月10日，华润置地有限公司(简称"华润置地"，01109.HK)已向香港联交所申请批准 3,900,000,000美元中期票据计划("计划")于二零二五年十一月十日后十二个月上市，据此，票据或会发 行，仅以向专业投资者(定义见香港联合交易所有限公司证券上市规则第37章)发行债务的方式发售，详 情载于日期为二零二五年十一月十日的发售通函。计划之上市预期将于二零二五年十一月十一日或前后 生效。 上述计划已委托中国银行、星展银行、汇丰、农银国际、建银国际、美银证券担任安排行及交易商。 ...

Core Viewpoint - China Resources Land (01109.HK) announced a plan for a $3.9 billion medium-term note program, with an application submitted to the Hong Kong Stock Exchange for approval to list the notes within twelve months after November 10, 2025 [1] Group 1 - The company plans to issue the notes exclusively to professional investors as defined by the Hong Kong Stock Exchange's Listing Rules Chapter 37 [1] - The expected listing date for the notes is around November 10, 2025 [1]

（於開曼群島註冊成立的有限公司） （股份代號：1109） 3,900,000,000美元中期票據計劃（「計劃」） 香港交易及結算所有限公司及香港聯合交易所有限公司（「香港聯交所」）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，概不就 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之任何損失承擔任 何責任。 本公告僅供參考之用，並不構成收購、購買或認購證券的邀請或要約，或訂立任 何協議以作出任何該等事宜的邀請，亦不被視作收購、購買或認購任何證券的要 約邀請。 本公告並不構成亦不屬在或向美國或在任何其他司法管轄權區購買或認購證券的 任何要約或招攬其中一部分。本公告所指的證券概無及將不會根據經修訂的一九 三三年美國證券法（「證券法」）或美國任何州或其他司法管轄權區的證券法登記， 除根據證券法及適用州或地方證券法獲豁免或屬不受該等登記規定所規限的交易 外，概不可在美國境內發售或出售。本公告及其中所載資料不得直接或間接在或 向 美國 或在 任何 其他 司 法管 轄權 區派 發。 證券 將 僅依 賴證 券法 S規例 在美 國 境外 發售。概不會在或向美國或向香港公眾或在有關發售受限制或 ...

Core Viewpoint - The "Good House" concept promoted by China Resources Land is gaining significant market attention, as evidenced by the enthusiastic visitor turnout at the "Good House Technology Exhibition" [2][3] Group 1: Exhibition Highlights - The "Good House Technology Exhibition" showcased the "Good Maintenance Exhibition Area" and two model apartments that embody the "Good House" philosophy, illustrating a complete ecological loop from "Good House" to "Good District" [2] - The exhibition aims to drive the real estate and construction industries towards high quality, new technology, and better services [2][3] Group 2: Housing Solutions - The "Nest" affordable rental housing model targets new citizens and young people, offering small, low-rent units designed for efficient living [3] - The "All-Cycle Renewal Technology House" model caters to urban middle-class families, adopting a service logic similar to the automotive industry to create a comprehensive product and service system [3][4] Group 3: Technological Integration - The "Good Maintenance" exhibition area emphasizes a complete system from home services to community responses, showcasing a "smart community operation" platform that integrates AI and IoT technologies [5] - The integration of smart home systems with property management allows for proactive responses to issues like water leaks or gas alarms [5][6] Group 4: Business Model and Strategy - China Resources Land operates under a "3+1" integrated business model, combining development, operational real estate, asset management, and ecosystem elements to create a living ecosystem of "Good Products, Good Communities, Good Services" [6][7] - The company focuses on enhancing customer experience through a unified service platform that connects nearly 80 million customers across various touchpoints [6] Group 5: Community and Urban Development - The company emphasizes the importance of community as a basic unit of urban life, innovating in community services to create a 15-minute living circle [8] - The "Run Neighbor" community brand has expanded to cover 118 cities, engaging over 300,000 homeowners and fostering community spirit through various initiatives [8][9] Group 6: Vision for the Future - China Resources Land is transitioning from being a "space maker" to a "life creator" and "city builder," aiming to define the future of "Good Houses" and contribute to sustainable urban development in China [9]