智通财经APP讯，碧桂园服务(06098)发布公告，于2026年1月26日斥资747.03万港元回购120万股。 ...

格隆汇1月26日丨碧桂园服务(06098.HK)发布公告，2026年1月26日耗资747.03万港元回购120万股，回 购价格每股6.22-6.24港元。 ...

于同日，自2025年6月30日起计78个月到期的零息强制性可转换债券(强制性可转换债券(A))而发行 9551.38万股;及自2025年6月30日起计114个月到期的零息强制性可转换债券(强制性可转换债券(B))而发 行40.65万股。 碧桂园(02007)发布公告，于2026年1月26日，根据本公司与必胜有限公司订立的股东贷款股权化协议发 行资本化股份10亿股。 ...

智通财经APP讯，碧桂园(02007)发布公告，于2026年1月26日，根据本公司与必胜有限公司订立的股东 贷款股权化协议发行资本化股份10亿股。 于同日，自2025年6月30日起计78个月到期的零息强制性可转换债券(强制性可转换债券(A))而发行 9551.38万股;及自2025年6月30日起计114个月到期的零息强制性可转换债券(强制性可转换债券(B))而发 行40.65万股。 ...

如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | | 02007 | 說明 | 普通股 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | | 事件 | | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股發行/出售價 (註4) | | 已發行股份 ...

2025年，杭州一共成交了8.85万套二手房。虽然比2024年少，不过仍然是近5年的第二高成交量，处于相对高位状态。 | | 12月钱塘区成交活跃楼盘均价同比别 | | | | --- | --- | --- | --- | | 小区 | 2025年12月成交 均价(元/m2) | 2024年12月成交 均价(元/m2) | 同比涨跌 | | 望金沙筑 | 32230 | 一 | | | 龙湖港澜山 | 32050 | 29950 | 7.01% | | 绿城春风金沙 | 31920 | 35790 | -10. 81% | | 广宇锦上文澜 Lore A L L & I = | 27830 | । | lj | | 都会钱塘东区晓春城 | 22390 | | - | | --- | --- | --- | --- | | 观澜时代 | 21310 | 19390 | 9. 90% | | 旭辉宝龙东湖城 | 20840 | 19800 | 5. 25% | | 宋都晨光国际 | 20030 | 22720 | -11.84% | | 柠檬郡 | 19280 | - | ្ថា | | 中兴景冉佳园 | 19 ...

Core Viewpoint - Hainan's Lingshui County has become the first city to announce its 2026 state-owned land supply plan, indicating a shift in land supply dynamics in the region [2] Land Supply Plan Summary - In 2026, Lingshui plans to supply 49 plots of state-owned land, totaling approximately 146.63 hectares (about 2,199.48 acres), which is an increase of 9 plots compared to 2025, but the total area has decreased by approximately 452.65 acres, a reduction of about 17.1% [2][3] - The breakdown of land use includes: - Residential land: 48.92 hectares (about 733.79 acres) - Public management and service land: 241.05 acres - Industrial and storage land: 653.48 acres - Transportation land: 379.64 acres - Commercial service land: 108.52 acres - Public facilities land: 66.44 acres - Green space and open space: 6.17 acres - Special land: 10.38 acres [2][3] Residential Land Supply Insights - The residential land supply for 2026 mainly consists of two categories: market-oriented commodity housing (385.62 acres) and land for urban renewal projects (348.16 acres), with no plans for affordable housing land for the third consecutive year [4][11] - The residential land is concentrated in popular areas of Lingshui's real estate market, including: - Yelin Town: 6 plots, approximately 348.17 acres - Li'an Town: 4 plots, approximately 287.31 acres - Guangpo Town: 2 plots, approximately 49 acres - Yingzhou Town: 1 plot, approximately 49.31 acres [4][6] Market Demand and Sales Performance - Lingshui's real estate market has shown strong demand, with housing sales area increasing for six consecutive years, breaking the trend of the national real estate market adjustment [6][7] - In 2025, the housing sales area in Lingshui grew by approximately 30% year-on-year, reaching over 90,000 square meters, marking a significant recovery in the local market [7][11] - Major real estate companies, including Country Garden and Lingshui Development Group, have established key projects in Lingshui, contributing to the market's stability and growth [7][8] Future Outlook - Despite the lack of affordable housing land supply, there are sufficient ongoing and planned affordable housing projects, which are expected to support the market [11] - The acceleration of residential land supply is anticipated to lead to the introduction of high-quality projects in the coming years, potentially setting new benchmarks in the Lingshui market [11]

Report Summary 1. Market Conditions on January 21 - The overall liquidity situation was stable and loose; the bond market showed a moderately strong oscillation; the main convertible bond market indices rose collectively, with most individual convertible bonds posting gains; yields of U.S. Treasuries across various maturities generally declined, while yields of 10-year government bonds in major European economies generally increased [1][2] 2. Core Viewpoints - The bond market was influenced by better-than-expected liquidity during the tax payment period, showing a moderately strong oscillation. The convertible bond market followed the equity market's upward trend [16][22] 3. Summary by Directory 3.1 Bond Market News - **Domestic News**: - The central bank aims to accelerate the construction of the RMB cross - border payment system and promote high - quality development of the modern payment system [4] - In 2025, the industrial and information technology sectors contributed over 40% to economic growth, with various industries showing positive growth trends [5] - The tax policies for innovative enterprise CDRs during the pilot phase are extended to December 31, 2027 [7] - The Ministry of Housing and Urban - Rural Development plans to stabilize the real estate market this year and implement relevant systems [7] - **International News**: - Trump announced an agreement framework on Greenland with NATO, suspending planned tariffs on Europe [8] - **Commodities**: - International crude oil futures prices rose, and the international natural gas price increased by nearly 30% [9][10] 3.2 Liquidity - **Open Market Operations**: - On January 21, the central bank conducted 363.5 billion yuan of 7 - day reverse repurchase operations, with a net injection of 122.7 billion yuan [12] - **Funding Rates**: - The overall liquidity was stable and loose. DR001 decreased by 5.00bp to 1.321%, and DR007 increased by 0.04bp to 1.495% [13] 3.3 Bond Market Dynamics - **Interest - Rate Bonds**: - **Yield Trends**: - Due to better - than - expected liquidity during the tax payment period, the bond market was moderately strong. As of 20:00, the yield of the 10 - year Treasury active bond 250016 decreased by 0.05bp to 1.8335%, and that of the 10 - year CDB active bond 250215 decreased by 0.45bp to 1.9455% [16] - **Bond Tendering**: - Multiple bonds were issued on January 21, with details such as issue scale, winning yield, and multiples provided [17] - **Credit Bonds**: - **Secondary - Market Transaction Anomalies**: - Four industrial bonds had a price deviation of over 10%, including significant drops and a sharp increase [18][19] - **Credit Bond Events**: - Various companies had bond - related events such as bond extensions, cancellations of bond issuance, and performance announcements [21] - **Convertible Bonds**: - **Equity and Convertible Bond Indices**: - The A - share market rose, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index increasing by 0.08%, 0.70%, and 0.54% respectively. The convertible bond market also rebounded, with the CSI Convertible Bond, Shenzhen Convertible Bond, and Shanghai Convertible Bond indices rising by 0.90%, 0.89%, and 0.90% respectively [21][22] - **Convertible Bond Tracking**: - Some convertible bonds announced online subscriptions, potential downward revisions of conversion prices, and early redemptions [24] - **Overseas Bond Markets**: - **U.S. Bond Market**: - Yields of U.S. Treasuries across various maturities generally declined, with the 10 - year yield decreasing by 4bp to 4.26%. The yield spreads between 2 - year and 10 - year, and 5 - year and 30 - year Treasuries narrowed [25] - **European Bond Market**: - Yields of 10 - year government bonds in major European economies generally increased, except for the UK where it remained unchanged [27] - **Price Changes of Chinese - Issued Dollar Bonds**: - Details of daily price changes of Chinese - issued dollar bonds as of the close on January 21 were provided [29]

央行连续 11 个月加量操作 MLF；资金面边际收敛，债市震荡调整 【内容摘要】1 月 22 日，税期走款，资金面边际收敛；债市震荡调整；转债市场主要指数集 体跟涨，转债个券多数上涨；各期限美债收益率走势分化，主要欧洲经济体 10 年期国债收益 率走势分化。 一、债市要闻 （一）国内要闻 【央行行长潘功胜：继续维护好金融市场平稳运行，支持资本市场稳定发展】1 月 22 日，央 行行长潘功胜在接受采访时表示，2026 年，央行将继续实施好适度宽松的货币政策，把促进 经济稳定增长、物价合理回升作为货币政策的重要考量，发挥增量政策和存量政策集成效应， 为经济稳定增长、高质量发展和金融市场稳定运行营造良好的货币金融环境，为实现"十五五" 良好开局提供有力的金融支撑。潘功胜谈到，总量政策方面，灵活高效运用降准降息等多种货 币政策工具，保持流动性充裕，使社会融资规模、货币供应量增长同经济增长、价格总水平预 期目标相匹配。今年降准降息还有一定的空间。央行还将做好利率政策执行和监督，促进社会 综合融资成本低位运行。结构性政策方面，央行已在今年年初先行出台一批货币金融政策，对 结构性货币政策工具的政策要素作了优化完善。 【央行 ...

Core Viewpoint - The financial market is experiencing a tight balance in liquidity, with various indicators showing mixed trends in both domestic and international debt markets, alongside significant movements in commodity prices. Group 1: Domestic News - The People's Bank of China (PBOC) Governor Pan Gongsheng stated that by 2025, the "Technology Board" in the bond market is expected to issue a total of 1.8 trillion yuan in technology innovation bonds [2] - The China Securities Regulatory Commission (CSRC) has released guidelines for public fund performance benchmarks, effective from March 1, aimed at addressing issues like "style drift" and enhancing the value investment attributes of public funds [2] Group 2: International News - In January, the S&P Global PMI report indicated that U.S. business activity continues to grow, with the manufacturing PMI at 51.9, slightly below expectations, and the services PMI at 52.5, also below forecast [4] - The Bank of Japan maintained its policy interest rate at 0.75%, aligning with market expectations, while raising its medium- to long-term inflation forecasts, indicating a more optimistic view on price pressures [5] Group 3: Commodity Market - International crude oil prices increased, with WTI crude rising by 2.88% to $61.07 per barrel, and natural gas prices surged over 10% [6] Group 4: Financial Market Operations - On January 23, the PBOC conducted a 125 billion yuan reverse repo operation at a fixed rate of 1.40%, resulting in a net liquidity injection of 38.3 billion yuan for the day [7] - The liquidity in the market remains tight, with the DR001 and DR007 rates slightly declining to 1.398% and 1.494%, respectively [8] Group 5: Bond Market Dynamics - The bond market showed slight strength, with the yield on the 10-year government bond decreasing by 1.00 basis points to 1.8300% [9] - In the secondary market, several corporate bonds saw significant price movements, with some bonds from Vanke rising over 10% [11] Group 6: Convertible Bonds - The convertible bond market followed the equity market's upward trend, with major indices rising by approximately 1.28% to 1.32%, and a total trading volume of 104.1 billion yuan [19] - Notable individual convertible bonds saw substantial increases, with some rising over 19% [19] Group 7: Overseas Bond Market - U.S. Treasury yields generally declined, with the 10-year yield down by 2 basis points to 4.24% [21] - In the European bond market, the 10-year yields showed mixed trends, with Germany's yield rising by 2 basis points to 2.90% while France's yield fell by 2 basis points [24]