智通财经APP讯，绿地香港(00337)发布公告，2025年首11个月，集团的合约销售约为人民币68.23亿 元，同比下降22.6%;已售合约总建筑面积则约为82.66万平方米。 ...

（原标题：宝龙地产(01238)前11个月合约销售总额约66.66亿元，同比下降43.2%） 智通财经APP讯，宝龙地产(01238)发布公告，集团于2025年11月的合约销售额(连同共同控制实体及联 营公司的合约销售额)及合约销售面积分别约为人民币5.21亿元(同比下降47.2%)及5.78万平方米。集团 截至2025年11月30日止十一个月的合约销售总额(连同共同控制实体及联营公司的合约销售额)及合约销 售总面积分别约为人民币66.66亿元(同比下降43.2%)及59.58万平方米。 ...

本集团于2025年11月的合约销售额约为人民币15.13亿元，同比减少44.38%，合约销售面积为123,395平 方米。2025年11月平均销售价格为每平方米人民币12,260元。 世茂集团(00813)发布公告，截至2025年11月30日止11个月，本集团的累计合约销售总额约为人民币 224.32亿元，同比减少28.03%，本集团的累计合约销售总面积为1,844,398平方米。截至2025年11月30日 止11个月的平均销售价格为每平方米人民币12,162元。 ...

智通财经APP讯，融创中国(01918)发布公告，2025年11月，本集团实现合同销售金额约人民币11.2亿 元，同比减少30.43%，合同销售面积约9.2万平方米，合同销售均价约人民币12,170元/平方米。 截至2025年11月底，本集团累计实现合同销售金额约人民币338.9亿元，同比减少25.34%，累计合同销 售面积约118.1万平方米，合同销售均价约人民币28,700元/平方米。 ...

智通财经APP讯，景瑞控股(01862)发布公告，集团于2025年11月的合约签约销售额(连合营企业及联营 企业的销售额)约为人民币0.49亿元，同比下降74.7%，合同销售面积约为3072平方米，合同销售均价约 人民币15951元╱平方米。 截至2025年11月30日止十一个月，集团累计合约签约销售额(连合营企业及联营企业的销售额)约为人民 币8.76亿元，同比下降54.1%，合同销售面积约为5.76万平方米，合同销售均价约人民币15203元╱平方 米。 ...

Core Insights - R&F Properties (02777) reported total sales revenue of approximately RMB 1.2 billion in October 2025, representing a year-on-year decrease of 4.76% [1] - The total sales area for the month reached approximately 117,700 square meters [1] - Cumulatively, as of the end of October 2025, total sales revenue amounted to approximately RMB 11.7 billion, reflecting a year-on-year increase of 21.31% [1] - The cumulative sales area reached approximately 1,149,100 square meters [1]

Core Insights - The article highlights a significant decline in the sales performance of China's top real estate companies, with a 41.9% year-on-year decrease in sales turnover for October 2025, despite a slight month-on-month increase of 0.1% [3][19][18]. Sales Performance Overview - In October 2025, the top 100 real estate companies achieved a sales turnover of 253 billion yuan, marking a 41.9% decrease compared to the same month last year [3][19]. - Cumulatively, from January to October 2025, these companies recorded a total sales turnover of 25,766.6 billion yuan, which is a 16% year-on-year decline, with the rate of decline increasing by 4.2 percentage points compared to the previous nine months [19][22]. Market Trends - The new housing market supply has significantly decreased, reaching its second-lowest level of the year in October 2025, with a year-on-year decline of 36% in new home transactions [17][28]. - The cumulative transaction volume in 30 monitored cities for the first ten months of 2025 was 9,825 million square meters, reflecting a 7% year-on-year decline [3][28]. City-Level Analysis - In first-tier cities, the total transaction volume remained stable compared to the previous month, but year-on-year declines were substantial, with Guangzhou leading in transactions but still experiencing a 46% drop compared to last year [28][29]. - Second and third-tier cities showed a slight month-on-month increase in transactions, but year-on-year adjustments were deep, with some cities like Qingdao showing resilience with a 30% year-on-year growth [29][31]. Sales Thresholds - The sales thresholds for the top 100 real estate companies have decreased compared to the same period last year, with the threshold for the top 10 companies dropping by 9.4% to 678.9 billion yuan [22][24]. - The sales thresholds for the top 30 and top 50 companies also saw reductions of 5.4% and 11.6%, respectively [22][24]. Future Outlook - The article predicts that the absolute volume of new home transactions will continue to fluctuate at low levels, with potential further increases in year-on-year declines due to high base effects from the previous year [18][31].

Group 1 - The company reported a revenue of approximately RMB 21.249 billion for the nine months ending September 30, 2025, representing a decline of 21.2% compared to the same period last year [1] - Operating profit for the same period was approximately RMB 0.773 billion, down 46.7% year-on-year [1] - In the third quarter of 2025, the company's revenue and operating profit were approximately RMB 6.705 billion and RMB 0.151 billion, respectively [1] Group 2 - The total contracted sales for the company and its joint ventures in the third quarter of 2025 amounted to approximately RMB 6.977 billion, covering a sales area of about 643,600 square meters [1] - Cumulative contracted sales for the nine months ending September 30, 2025, totaled approximately RMB 23.587 billion, with a sales area of about 2.116 million square meters, reflecting a year-on-year decline of 10.7% and 9.1%, respectively [1] - As of September 30, 2025, the total amount of subscribed but pending sales contracts was approximately RMB 0.546 billion, covering an area of about 46,800 square meters [1] Group 3 - During the current season, the company acquired four new land parcels in Baotou, Huizhou, and Tangshan, with a total attributable floor area of approximately 519,300 square meters and a total land cost of approximately RMB 1.822 billion [2] - As of September 30, 2025, the total buildable floor area held by the company and its joint ventures in mainland China was approximately 13.2672 million square meters, of which the company's attributable floor area was approximately 11.2296 million square meters [2]

Core Viewpoint - Zhongyuan Jianye (09982) reported a significant decline in contract sales for the nine months ending September 30, 2025, indicating challenges in the current market environment [1] Group 1: Contract Sales Performance - In September 2025, the group's contract sales for managed projects amounted to RMB 767 million, with a total sales area of 122,139 square meters [1] - For the nine months ending September 30, 2025, the group's contract sales were RMB 8.047 billion, representing a year-on-year decrease of 20.0%, with a sales area of 1,303,204 square meters, down 20.8% year-on-year [1] - The average selling price per square meter for the nine months ending September 30, 2025, was RMB 6,175, reflecting a year-on-year increase of 1.1% [1] Group 2: New Contracts and Project Management - In September 2025, the group secured one new contract project with a construction area of 8,800 square meters [1] - For the nine months ending September 30, 2025, the group had 13 new contract projects, with a total new contract area of 849,300 square meters, a decrease of 44.5% compared to the same period in 2024 [1] - As of September 30, 2025, the group managed 248 projects with a total construction area of 29,485,963 square meters and had a total of 462 signed projects with a cumulative signed construction area of 56,459,324 square meters [1]

Core Points - The company, Shouka Co., Ltd. (600376.SH), reported a total signed area of 91,500 square meters and a signed amount of 853 million yuan for September 2025 [1] - From January to September 2025, the company achieved a total signed area of 943,800 square meters and a signed amount of 14 billion yuan [1] Summary by Category Company Performance - In September 2025, the company achieved a signed area of 91,500 square meters and a signed amount of 853 million yuan [1] - For the first nine months of 2025, the total signed area reached 943,800 square meters with a total signed amount of 14 billion yuan [1]