第 1 頁 共 10 頁 v 1.1.1 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9月30日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | 希慎興業有限公司 | | | | 呈交日期: | 2025年10月2日 | | | | I. 法定/註冊股本變動 | 不適用 | | | FF301 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) | 00014 | 說明 | 不適用 | | | | | | | | 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 | | | 1,027,008,223 | | 0 | | 1,027,008,223 | | 增加 ...

Group 1 - UBS reports that Alibaba is considering acquiring the "One Island East" center in Causeway Bay, which consists of 13 floors and naming rights [1] - Currently, Alibaba leases 170,000 square feet at Times Square, with the lease expiring in 2028 [1] - If Alibaba relocates, Times Square's vacancy rate could increase by 16 percentage points, with a current occupancy rate of 90% as of June this year [1] Group 2 - UBS estimates that the annual rental income loss for Wharf Real Estate Investment Company (01997) could reach HKD 110 million, equivalent to 1% of last year's profit, based on a rental rate of HKD 54 per square foot [1] - The report anticipates continued pressure on both retail and office sectors at Times Square due to asset enhancement works at Hysan Development's (00014) Causeway Bay properties, expected to be completed between 2026 and 2027 [1] - If the acquisition is successful, it could positively impact the local office market, as the exit yield for the transaction is only 2.5%, lower than the level achieved by Link REIT in April for a similar transaction [1] - Reports indicate that Alibaba may acquire 270,000 square feet, increasing its current office space by 100,000 square feet [1]

Core Viewpoint - UBS reports that Alibaba-W (09988) is considering acquiring the "One Island East" in Causeway Bay, which consists of 13 floors and naming rights, potentially impacting the rental market in the area [1] Group 1: Alibaba's Potential Move - Alibaba is currently leasing 170,000 square feet at Times Square, with the lease expiring in 2028 [1] - If Alibaba relocates, Times Square's vacancy rate could increase by 16 percentage points, with a current occupancy rate of 90% as of June this year [1] Group 2: Impact on Kowloon-Canton Railway Holdings - UBS estimates that Kowloon-Canton Railway Holdings (01997) could face an annual rental income loss of HKD 110 million, which is equivalent to 1% of last year's profit, based on a rental rate of HKD 54 per square foot [1] - The anticipated asset enhancement works at Hysan Development (00014) in Causeway Bay are expected to be completed between 2026 and 2027, which may continue to pressure both retail and office sectors at Times Square [1] Group 3: Market Implications - If the acquisition is successful, it could have a positive impact on the local office market, as the exit yield for the transaction is only 2.5%, lower than the level achieved by Land & Properties in April this year [1] - Reports indicate that Alibaba may acquire 270,000 square feet, increasing its current office space by 100,000 square feet [1]

Group 1 - The Hong Kong government is expected to announce its policy address next Wednesday, with low likelihood for the immediate launch of the "Home Purchase Fund" and no expectation for a nationwide plan in the short term [1] - The potential for further relaxation of investment restrictions for capital investors in luxury properties is considered moderate [1] - There is an expectation that the "multiple-entry" individual travel visa may be expanded to residents of other Greater Bay Area cities beyond Shenzhen [1] Group 2 - The new policy address is anticipated to benefit developers such as Henderson Land, Sun Hung Kai Properties, and Sino Land [1] - An increase in mainland tourists visiting Hong Kong is expected to support regional mall owners, including Wharf Real Estate Investment, Hysan Development, and New World Development [1] - Concerns over capital expenditure may negatively impact the development of North District for MTR, but could accelerate the reclamation of agricultural land, which is seen as positive for Henderson Land [1] - Progress in the inclusion of REITs in the mutual market access is expected to have a positive impact on Link REIT [1]

Core Viewpoint - Hong Kong real estate stocks experienced an afternoon rally, driven by market expectations of favorable government policies in the upcoming 2025 policy address [1] Group 1: Stock Performance - New World Development (00016) rose by 4.33% to HKD 97.55 - Hang Lung Properties (00101) increased by 2.33% to HKD 8.8 - Hysan Development (00012) gained 2.07% to HKD 27.6 - Henderson Land Development (00014) climbed 1.71% to HKD 16.08 [1] Group 2: Government Policy Expectations - The Hong Kong government is set to announce the 2025 policy address on Wednesday, 17th - UBS anticipates the government will reduce stamp duty on residential properties valued between HKD 4 million to HKD 6 million - Proposed initiatives include a "Home Purchase Fund" plan, further relaxation of capital investor entry qualifications, and measures to attract more mainland visitors [1] Group 3: Impact on Real Estate Developers - The new policy address is expected to benefit developers such as Hysan Development, New World Development, and Sino Land - Increased mainland visitor traffic is likely to support regional mall owners, including Wharf Real Estate Investment and Hysan Development - Accelerated development in the Northern Metropolis may pose negative implications for MTR Corporation due to rising capital expenditure concerns, but could positively impact land reclamation for Henderson Land Development [1] Group 4: REITs and Market Outlook - UBS predicts that the inclusion of Real Estate Investment Trusts (REITs) in the mutual market connectivity will have a positive effect on Link REIT [1]

Core Viewpoint - Hong Kong real estate stocks experienced an afternoon rally, driven by market expectations of favorable government policies in the upcoming 2025 policy address [1] Group 1: Stock Performance - Sun Hung Kai Properties (00016) rose by 4.33% to HKD 97.55 - Hang Lung Properties (00101) increased by 2.33% to HKD 8.8 - Henderson Land Development (00012) gained 2.07% to HKD 27.6 - Hysan Development (00014) climbed 1.71% to HKD 16.08 [1] Group 2: Government Policy Expectations - The Hong Kong government is set to announce the 2025 policy address on Wednesday, 17th [1] - UBS anticipates the government will further reduce the stamp duty on residential properties valued between HKD 4 million to HKD 6 million [1] - Proposed measures include the establishment of a "Home Purchase Fund" plan and further relaxation of residential property investment qualifications for capital investors [1] Group 3: Impact on Real Estate Developers - The new policy address is expected to benefit developers such as Henderson Land, Sun Hung Kai Properties, and Sino Land [1] - Increased mainland visitor arrivals are projected to support regional mall owners, including Wharf Real Estate Investment and Hysan Development [1] - Accelerated development in the Northern Metropolis may pose negative implications for MTR Corporation due to rising capital expenditure concerns, but could positively impact land reclamation for Henderson Land [1] Group 4: REITs and Market Outlook - UBS forecasts that the inclusion of Real Estate Investment Trusts (REITs) in the mutual market connectivity will have a positive effect on Link REIT [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) | 00014 | 說明 | 不適用 | | | | | | | | 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 | | | 1,027,008,223 | | 0 | | 1,027,008,223 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 1,027,008,223 | | 0 | | 1,027,008,223 | 第 2 頁 共 10 頁 v 1.1.1 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8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: | 希 ...

er 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。 Hysan Development Company Limited 希 慎 興 業 有 限 公 司 （於香港註冊成立之有限公司） （股份代號：00014） 持續關連交易 及 終止現有持續關連交易 茲提述本公司日期為 2024 年 10 月 28 日有關 Earn Extra 與捷成洋行就該物業簽訂原租約的 公告，原租約自 2024 年 11 月 1 日起至 2026 年 4 月 30 日止，為期 18 個月。 董事會宣布，於 2025 年 8 月 29 日，Earn Extra 與捷成洋行 (i) 就該物業簽訂新租約，自 2025 年 10 月 1 日起至 2028 年 9 月 30 日止（首尾兩天包括在內），為期 3 年；及 (ii) 簽訂 有關於新租約生效日期起終止原租約的協議。 捷成洋行為本公司之間接非全資附屬公司 Barrowgate 之主要股東，持有 10%的 Barrowgate 股權， ...

希慎興業有限公司 Hysan Development Company Limited (股份代號 Stock Code 00014) 香港希慎道33號利園一期50樓 各位非登記股東： 1. 2025年中期業績報告 希慎興業有限公司（「本公司」）之2025年中期業績報告（中、英文版本）現已登載在本公司網站 www.hysan.com.hk（「本公司網站」）及香港聯合交易所有限公司網站www.hkexnews.hk（「聯交所 網站」）。 閣下如欲查閱2025年中期業績報告，可於本公司網站「投資者」項下點擊「財務報告」。如 閣 下已選擇收取公司通訊 （附註） 的印刷本，隨函附上 閣下所選擇之語文版本的2025年中期業績 報告。 2. 更改日後公司通訊之收取方式及語文版本 如 閣 下 欲 (i) 索 取 本 次 2025 年 中 期 業 績 報 告 的 印 刷 本 又 或 有 別 於 閣 下 所 選 擇 的 另 一個語文版本；及╱或(ii)更改日後公司通訊的收取方式（透過本公司網站閱覽電子版 本 或 收 取 印 刷 本）及 ╱ 或 語 文 版 本（中 文 及 ╱ 或 英 文），請 填 妥 隨 附 選 擇 回 條，並 ...

希慎興業有限公司 Hysan Development Company Limited (股份代號 Stock Code 00014) 香港希慎道33號利園一期50樓 電話：(852) 2895 5777 傳真：(852) 2577 5153 www.hysan.com.hk 各位股東： 1. 2025年中期業績報告 希慎興業有限公司（「本公司」）之2025年中期業績報告（中、英文版本）現已登載在本公司網 站www.hysan.com.hk（「本公司網站」）及香港聯合交易所有限公司網站www.hkexnews.hk（「聯 交所網站」）。 閣下如欲查閱2025年中期業績報告，可於本公司網站「投資者」項下點擊「財務報告」。 如 閣下已選擇收取公司通訊 （附註） 的印刷本，隨函附上 閣下所選擇之語文版本的2025年中 期業績報告。 2. 更改日後公司通訊之收取方式及語文版本 如 閣 下 欲 (i) 索 取 本 次 2025 年 中 期 業 績 報 告 的 印 刷 本 又 或 有 別 於 閣 下 所 選 擇 的 另 一 個語文版本；及╱或(ii)更改日後公司通訊的收取方式（透過本公司網站閱覽電子版本 或收取印刷本）及╱ ...