受近月访港旅客人次及零售数据持续增长的影响，公司对今年零售市场保持乐观，并预计在"五一"假期 期间，K11MUSEA将迎来亮眼的客流和销售表现。 此外，农历新年烟花汇演于大年初二在维港举行，也吸引不少旅客及市民选择K11MUSEA面向维港景 观的餐厅用餐及观赏烟花汇演，包括邓记、Greyhound CaféGalleria以及新开业的鳗鱼饭专门店四代目菊 川，订座几近爆满。 本报讯(记者陈潇)2月24日，新世界发展有限公司(以下简称"新世界发展")公布，今年春节黄金周期间， 在访港旅客增加带动下，集团旗下国际文化零售地标K11MUSEA业绩优异，2月16日至2月22日期间(即 除夕至正月初六)，K11MUSEA客流比去年同期上升10%，创开业以来农历新年假期的新高，旅客消费 亦同比增加60%，其中最大单笔消费超过200万港元。 马年新春期间，K11MUSEA举办了一系列节庆活动，如姜氏金龙醒狮团的"五福临门"表演等。同时， K11亦推出"环球新味之旅"餐饮电子礼券(每人总值逾1500港元)，并与支付宝合作推出旅客奖赏活动， 以刺激访客消费。K11MUSEA会员消费金额同比增加54%，其中珠宝钟表、国际奢侈品牌 ...

Group 1 - During the 2026 Chinese New Year holiday (February 15 to 23), approximately 1.77 million visitors traveled to Hong Kong, representing a 14% increase compared to the previous year [1] - Among the visitors, around 1.5 million were from mainland China, also up by 14% year-on-year, while non-mainland visitors totaled about 270,000, reflecting a similar 14% increase [1] - The average daily entry of mainland visitors was about 170,000, with the peak day being February 18, when around 210,000 mainland travelers visited Hong Kong [1] Group 2 - The Chinese New Year holiday featured various events such as the "Cathay New Year International Gala Night" and fireworks at Victoria Harbour, attracting significant participation from both locals and tourists [3] - Approximately 2,400 mainland inbound travel groups brought nearly 84,000 visitors to Hong Kong, with overnight stays accounting for about 74%, and the number of travel groups increased by approximately 9% compared to last year [3] - Hotel occupancy rates in Hong Kong reached around 90% during the holiday period, indicating strong demand in the hospitality sector [3] Group 3 - The tourism and cultural activities during the holiday positively impacted Hong Kong's retail sector, with New World Development Company reporting a notable performance at its cultural retail landmark "K11 MUSEA" [3] - From February 16 to 22, foot traffic at "K11 MUSEA" increased by 10% year-on-year, achieving a record high for the Lunar New Year holiday since its opening, while visitor spending rose by 60%, with the largest single transaction exceeding 2 million HKD [3]

"春节不打烊"！2026马年春节，虽然假期出游影响看房人数，但楼市还是呈现出一番"暖冬"气氛，房企 不约而同祭出优惠活动，多地也推出规模较大的"购房节"造势。 从实际成交看，中指研究院数据显示，重点21城春节假期（2月15日～2月23日）新建商品住宅共网签成 交10万平米，相比去年春节假期日均成交量基本持平。 "春节假期期间，开发商促销力度加大，并与春节消费、文旅等活动对接起来，提前开启节后'小阳 春'蓄客和销售，加上今年'反向过节'现象较多、假期较长，父母带孩子看房，因此部分城市交易较为活 跃。"有业内专家评论称。 楼市"春节不打烊" 2026年，被称为"史上最长"的春节假期进入尾声。在出游大军、反向过年、酒店涨价等关键词之外，各 地楼市动态及热度如何？ 第一财经采访及梳理发现，今年多地密集推出各类新春"购房节"活动，房企更是积极把握消费窗口 期，"春节不打烊"成为假期楼市的"关键词"。 在广州，据广州中原统计显示，广州全市共有超200个项目"春节不打烊"，除了传统的家电、物业费， 还出现了"清空山姆购物车"、"送长隆三年四园卡"、"送价值10万元置业大礼包"，营销力度加大，形式 更多元化。 多重优惠吸引了 ...

"春节不打烊"成为假期楼市"关键词"。 "春节不打烊"！2026马年春节，虽然假期出游影响看房人数，但楼市还是呈现出一番"暖冬"气氛，房企 不约而同祭出优惠活动，多地也推出规模较大的"购房节"造势。 从实际成交看，中指研究院数据显示，重点21城春节假期（2月15日～2月23日）新建商品住宅共网签成 交10万平米，相比去年春节假期日均成交量基本持平。 "春节假期期间，开发商促销力度加大，并与春节消费、文旅等活动对接起来，提前开启节后'小阳 春'蓄客和销售，加上今年'反向过节'现象较多、假期较长，父母带孩子看房，因此部分城市交易较为活 跃。"有业内专家评论称。 楼市"春节不打烊" 2026年，被称为"史上最长"的春节假期进入尾声。在出游大军、反向过年、酒店涨价等关键词之外，各 地楼市动态及热度如何？ 第一财经采访及梳理发现，今年多地密集推出各类新春"购房节"活动，房企更是积极把握消费窗口 期，"春节不打烊"成为假期楼市的"关键词"。 在广州，据广州中原统计显示，广州全市共有超200个项目"春节不打烊"，除了传统的家电、物业费， 还出现了"清空山姆购物车"、"送长隆三年四园卡"、"送价值10万元置业大礼包"，营销力 ...

Core Viewpoint - The transition of leadership from the first generation of entrepreneurs to the second generation is reshaping the landscape of China's private economy, with the "second generation" becoming a key variable in the business world [2][3]. Group 1: Transition of Leadership - The "first generation" of entrepreneurs is gradually stepping back, while the "second generation" is either taking the stage or preparing to do so, marking a significant shift in power and wealth [2][3]. - The future of Chinese business is being shaped by the choices of the "second generation," who may either break through traditional barriers with new perspectives or face challenges that could leave opportunities for a new "first generation" [2][3]. Group 2: Notable Second Generation Entrepreneurs - Wang Sicong, a prominent figure among the "second generation," has shifted his focus from high-risk investments to more stable, cash-flow-driven businesses, indicating a potential change in strategy [6][9]. - Zheng Zhigang, from the Zheng family, has transitioned from managing a family business to independent entrepreneurship, focusing on innovative industries and global markets [10][12]. - The succession of leadership in Fuyao Glass, with Cao Hui taking over from his father Cao Dewang, is highlighted as a successful example of family business transition, with the company showing steady growth in revenue and profit [13][14][15]. Group 3: Financial Background of Second Generation - A trend is emerging where younger "second generation" members with backgrounds in finance are returning to family businesses, bringing with them experience in capital operations and compliance management [16][18][19]. - The entry of "00s" into leadership roles is becoming more common, with young leaders like Jin Xi and Nie Yipeng stepping into significant positions despite facing performance pressures [20][21]. Group 4: Challenges Faced by Second Generation - The "second generation" of Meike Home, led by Feng Lu, is struggling with significant financial losses, highlighting the difficulties in transitioning leadership while managing declining performance [22][24]. - The marriage between high-profile entrepreneurs, such as Gao Haichun and Zhang Junjie, reflects the ongoing dynamics of wealth and social capital in the business landscape, but both companies face their own operational challenges [25][28][29].

新春期间，花城广州处处洋溢着浓郁的节日气息。围绕着马年主题，今年各大商圈、商场的新春装置成 了人们打卡拍照的热点，除了传统的灯笼、生肖雕塑外，一批兼具互动性、艺术性与人文温度的马年主 题美陈闪亮登场，记者走访市内核心商圈时看到，从步行街到热门商圈，从城市地标到时尚街区，市民 游客在"策马打卡"中感受广府文化新韵，商家商圈在场景创新中挖掘新消费潜力，而这些可玩、可触、 可感的新春消费场景流淌出了广州年味的新表达，也为国际消费中心城市的培育建设写下生动注脚，一 幅"年味浓、消费暖、信心足"的花城新春图景铺展开来…… 第一站 千灯会感受盛唐风华与岭南情韵 要问新春氛围哪里最浓厚？广州天河路商圈一定"浓度超标"！从新春假期前开始，天河路商圈就已人潮 涌动、灯火辉煌，随着正佳广场第四届正佳大唐千灯会开幕，这里以"岭南大庙会"为主题，融合盛唐风 华与岭南情韵，用千灯点亮了新春，沉浸式场景营造了古风古韵氛围。 走进正佳广场，一条以"玄奘归唐"为意象的光影叙事线徐徐展开，引领游客步入盛唐长卷：户外北广场 打造长达三十米的"山海奇骏"灯组，结合音乐喷泉水舞秀，以腾跃骏马写意山河；西北门"华灯初上"长 廊，以绵延灯笼阵列营造入城 ...

Group 1 - Blackstone-backed mobile advertising platform Liftoff has confidentially resubmitted its IPO application, previously delaying a plan to raise up to $762 million [1] - On February 14, 2026, rumors emerged that Blackstone is considering acquiring Hong Kong property firm New World Development, which led to a 53% year-to-date increase in New World's stock price despite the company stating no agreement has been reached [1] Group 2 - Blackstone reported strong performance for the fiscal year 2025, with assets under management increasing by 13% to approximately $1.27 trillion, and fourth-quarter inflows reaching $71 billion, the highest in three and a half years [2] - The net profit attributable to shareholders for fiscal year 2025 was $30.192 billion, reflecting an 8.74% year-over-year growth, with a return on equity (ROE) of 35.78% [2] Group 3 - Blackstone's stock (BX.N) experienced a price fluctuation of 2.51% from February 13 to 18, 2026, with a high of $134.86 and a low of $126.67, closing at $133.03 on February 18, up 1.25% for the day with a trading volume of $433 million [3] - During the same period, the asset management sector rose by 1.39%, while the Dow Jones and Nasdaq indices increased by 0.22% and 0.72%, respectively [3]

潮水褪去，才知道谁在裸泳；周期轮回，才明白优质资产的珍贵。 近日有市场消息称，英国玩具商人James William Hesterberg拟将其持有的香港石澳道19号"巨无霸"大宅 放售，意向价约20亿港元，呎价11.7万港元。 资料显示，这个项目并不是一套普通的豪宅，而是一座占地16.89万平方呎，相当于2.2个足球场大小的 私人庄园式大宅，涉及地下及低层地下两层，提供酒窖及专属健身室等。 同时，该顶豪大宅共包含两宗地块，其中一幅地皮为乡郊建屋地段第256号，占地约4.36万平方呎，另 一幅地皮为花园地段第68号F分段，占地约12.53万平方呎。 但比项目更有意思的是石澳道19号背后的楼市故事。 顶豪交易流转 据悉，这22栋顶豪的主人分别有李嘉诚之子李泽楷、信置黄志祥、九龙仓吴光正、腾讯主席马化腾、其 士集团已故创办人周亦卿、南丰集团董事长陈慧慧、染料大王汤恩佳等。 据查阅，石澳道19号的上一任主人是人称"十二少"的荣丰国际主席——钟斌铨。 1997年是香港楼市的巅峰，也是历史上最著名的泡沫顶点。这一年，意气风发的钟斌铨豪掷2.01亿港元 买下了石澳道19号，这座独占山海的大宅不仅是身份勋章，更是家族实力的 ...

Group 1 - The core viewpoint indicates that the Hong Kong property market is showing signs of recovery, with significant increases in transaction values for both new and second-hand residential properties [1][2] - In January, the transaction value of new residential properties more than doubled year-on-year, reaching HKD 19.2 billion, with major developers like Henderson Land and New World seeing sales growth exceeding 200% [2] - The second-hand residential market also experienced growth, with transaction volumes stable month-on-month and transaction values increasing by over 50% year-on-year [2] Group 2 - The property financial environment remains moderately supportive, with new mortgage loans in December and 2025 showing a year-on-year increase of 22%, and the average mortgage rate declining to 3.25% [3] - The vacancy rates for commercial properties have improved, with private office and retail property vacancy rates decreasing compared to November [3] - Retail sales have continued to recover since September, driven by financial and economic recovery, as well as an increase in tourist numbers [3]

Core Viewpoint - The Hong Kong real estate market is showing significant growth, with a notable increase in both primary and secondary residential property transactions, indicating a recovery trend in the sector [4][6][7]. Group 1: Primary Residential Market - In January, the transaction value of primary residential properties more than doubled year-on-year, reaching HKD 19.2 billion, with a year-on-year increase of 148% [4][6]. - The number of primary residential transactions in January was 1,539, reflecting a year-on-year increase of 103% [6][7]. - Key developers such as Henderson Land, New World Development, and Cheung Kong achieved sales growth exceeding 100%, with the total sales of six major developers increasing by 173% [4][7]. Group 2: Secondary Residential Market - The secondary residential market also saw a significant increase, with transaction values rising by over 50% year-on-year, totaling HKD 29 billion in January [4][8]. - The average price index for large residential estates increased by 2.5% month-on-month and 7.3% year-on-year, marking the largest monthly increase in three years [4][8]. Group 3: Financial Environment - The mortgage loan environment remains supportive, with new mortgage approvals in December increasing by 22% year-on-year, and the average mortgage rate decreasing to 3.25% [5][11]. - The overall mortgage-to-value ratio has improved to 60.1%, indicating a stable financial backdrop for property transactions [5][11]. Group 4: Commercial Real Estate - The vacancy rates for commercial properties, including private offices and retail spaces, have shown improvement, with a decrease in vacancy rates by 0.3 percentage points for offices and 1.2 percentage points for retail properties [5][12]. - Retail sales continued to recover, with a year-on-year increase of 6.6% in December, driven by a rise in tourist numbers and economic recovery [5][12][13]. Group 5: Land Transactions - In January, a residential land parcel in Kowloon was successfully bid by a consortium led by Sino Land, with a transaction price of HKD 1.61 billion [10][30]. - The land area was approximately 3,800 square meters, with a planned gross floor area of 20,682 to 34,470 square meters [10][30].