Group 1 - Dalian Port Bay Outlet's "YinYue Park MUSIC PARK" officially launched, enhancing its social experience to attract young consumers aged 25-35 [2] - Zhongshan Haiya Colorful World is set to open in Q4 2025, covering approximately 600,000 square meters, making it the largest commercial complex in Zhongshan [4] - Hangzhou Henglong Plaza is expected to open by the end of 2026, with a pre-leasing rate of 81% [5] Group 2 - The first HeShengHui project in Anhui has been established in Hefei, utilizing a dual-driven model of POD and TOD for commercial development [8] - Changsha Shanshan Outlet is nearing completion with a 96% progress rate and plans to open in September [11] - Guangzhou Xian Village Jin Feng Plaza is also expected to open in September, designed as a one-stop community cultural commercial center [12] Group 3 - Kunming Times Tianjie and Chengdu Yidu Tianjie are set to open simultaneously in 2026, with a focus on high-quality lifestyle experiences [13] - The first Metro flagship store in Henan is scheduled to open in January 2026, with a total investment of 1.5 billion yuan [17] - Dongguan Houjie Sam's Club has completed land acquisition with an estimated investment of 511 million yuan, expected to open by the end of 2026 [18] Group 4 - Beijing Xin Jia Hui will take over the management of Aeon Mall Beijing Fengtai Shopping Center, rebranding it as "Xin Jia Hui Shopping Center" [23] - Shenzhen government has reclaimed commercial land for the Qianhai Ice and Snow World project for 4.405 billion yuan [24] - McDonald's plans to sell approximately 23 self-owned shops in Hong Kong, with an estimated total value of 3 billion HKD [26] Group 5 - New City Holdings signed seven light-asset commercial projects in July, including five located in various provinces [27] - Dalian Wanda Commercial Management has transferred its stake in Chuzhou Wanda Plaza to Langfang Zerui Tong Technology [36] - Guangzhou Panyu Wanbo core asset "Jia Chuang Sheng Hui" failed to sell at auction with a starting price of 2.978 billion yuan [38] Group 6 - Yonglun's Hong Kong Yinghuihui Mall is up for sale with an indicative price of 680 million HKD [39] - Hang Lung Group reported a 3% decline in rental income and a 4% drop in operating profit for the first half of 2025 [40] - Vanke's Tang Jiyang has returned to the company to manage the southern region [42][43]

Core Viewpoint - Shenzhen Joy City, developed by COFCO Group, is set to officially open at the end of this month, marking its first comprehensive complex in Shenzhen [1] Group 1: Project Overview - The total construction area of Shenzhen Joy City is 250,000 square meters, strategically located in the core of the Guangdong-Hong Kong-Macao Greater Bay Area, adjacent to the Qianhai Free Trade Zone [2] - The project has achieved a leasing rate exceeding 99%, with over 50% of the stores being first or customized stores, featuring nearly 400 brands [3] Group 2: Unique Features and Offerings - Shenzhen Joy City aims to create the city's first artistic trend-themed street, rooftop urban social space, and youth cultural entertainment area [6] - The rooftop "Star Chef Garden" is the first cloud rainforest dining and social space in Shenzhen, allowing citizens to enjoy nature while tasting high-quality cuisine [10] - The "25 Youth Time Zone" on B1 level is designed as a trendy underground city, paying homage to the historical Baoan 25 commercial area, blending trendiness with local culture [10][11] Group 3: Future Plans and Community Engagement - Shenzhen Joy City plans to introduce more top-tier IP city exhibitions and become a landmark for trendy culture and community activities [11] - The project will focus on creating a vibrant community hub through diverse activities, aiming to establish a gathering place for trendsetters [11]