CHINA OVERSEAS(HK:00688) Zheng Quan Shi Bao Wang·2025-12-09 00:56Group 1 - Multiple land auctions have recently taken place across various cities, with significant transactions occurring in Shenzhen and Guangzhou [1][5] - On December 8, Shenzhen auctioned two residential plots for a total of 39.52 billion yuan, with one plot in Nanshan District sold at a premium of over 42% [3][4] - The Nanshan plot, part of the Shenzhen Bay Super Headquarters Base, had a starting price of 22.36 billion yuan and was won by China Overseas Land & Investment Limited for 31.86 billion yuan, setting a new high for premium rates in the area [3][4] Group 2 - In Guangzhou, three residential plots were sold at the base price, totaling 22.838 billion yuan, indicating a different market dynamic compared to Shenzhen [2][5] - Other cities like Chongqing, Nanjing, and Suzhou also saw land transactions, with notable premiums in Guangzhou and Chongqing, while Nanjing and Suzhou experienced all plots selling at base prices [2][6][7] - The varying outcomes of land sales across cities reflect differing market conditions, with high premiums in core urban areas like Shenzhen indicating strong demand for prime assets [4][6]