Core Viewpoint - Dalian Wanda Group's subsidiary Chengdu Chenyue successfully bid for land use rights in Chengdu for RMB 2.65 billion, indicating a strategic investment in a high-potential area [1] Group 1: Acquisition Details - The land use rights were successfully auctioned on November 19, 2025, with the confirmation of the transaction received on the same day [1] - Chengdu Chenyue has paid a bidding deposit of RMB 532 million for the auction [1] - The land use rights transfer contract is expected to be signed by December 3, 2025, or earlier [1] Group 2: Project Location and Market Potential - The project is located in Chengdu, a key hub in Western China known for its strong economic vitality and market potential [1] - The site is situated in the Qingyang District, which has a robust industrial base and growing consumer demand, presenting significant commercial investment opportunities due to insufficient supply [1] - The project will benefit from the developing aviation industry cluster and a vibrant "residential + commercial" environment [1] Group 3: Expected Outcomes - The anticipated development of the site is expected to generate positive investment value, leading to cash flow and stable, satisfactory returns and profits for the group [1] - The acquisition aligns with the company's business development strategy and planning [1]

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之內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不就因本公告全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任 何責任。 （在香港註冊成立的有限公司） （股份代號：00123） 公 告 收購土地 本公司透過成都樾穗，通過公開掛牌方式以人民幣1,321,270,500元成功競得成都市成華區舜 和家園地塊。 成都市成華區舜和家園地塊佔地面積約40,038.52平方米，總可建築面積約115,173.66平方 米，其中計容建築面積約80,077平方米。成都市成華區舜和家園地塊擬為住宅用地。成都市 成華區舜和家園地塊所建住宅物業擬用於出售。 成都市成華區舜和家園地塊位於成華區崔家店核心，緊鄰本公司天悅雲萃一期及二期項目。地 塊位於成華樞紐經濟集聚區。地塊周邊配套較為成熟，鄰近成都萬象城、龍湖濱江天街等優質 商業配套及成都新生堂婦女兒童醫院、成都市成華區第七人民醫院等醫療配套。地塊距離約 300米到達成都7號線的雙店路站，距離約6km到達天府廣場及春熙路。 越秀地產股份有限公司（「本公司」）董事會（「董事會」）欣然宣佈，於二○二五年十 ...

Core Viewpoint - The company successfully acquired a residential land parcel in Panyu District, Guangzhou, for RMB 1.194 billion, enhancing its land reserves and strategic position in the region [1][2]. Group 1: Acquisition Details - The company, through its subsidiary Guangzhou Xinyue Real Estate Development Co., Ltd., won the bid for the land parcel located in Panyu District on October 28, 2025 [1]. - The land parcel covers an area of approximately 29,777 square meters, with a total construction area of about 114,771 square meters, including a planned residential area of approximately 77,419 square meters [1]. - The acquisition cost for the land was RMB 1.194 billion [1]. Group 2: Land Use and Development - The land is designated for residential use, with plans to sell the residential properties developed on it [1]. - The development must include road construction of at least 6,459.6 square meters and green space of at least 2,591.81 square meters, which will be handed over to the local government upon completion [1]. Group 3: Location and Accessibility - The land is situated in a densely populated area with a vibrant living atmosphere, located near major transportation links [1]. - It is approximately 700 meters from the nearest metro stations, providing quick access to key areas such as Zhujiang New Town and Guangzhou South Station [1]. - The site is about a 30-minute drive from the Guangzhou International Financial Center and a 25-minute drive from Pazhou [1].

Core Viewpoint - Yuexiu Property (00123) successfully acquired the underground space of the Shanghai Jing'an District land for RMB 7.737 billion through a consortium, enhancing its land reserves and strategic position in Shanghai [1][3]. Group 1: Acquisition Details - The consortium, in which the company's subsidiary Shanghai Yueheng holds a 95% stake, won the bid for the Jing'an District land through a public listing [1]. - The total area of the Jing'an District land is approximately 26,108 square meters, with a total buildable area of about 153,943 square meters, including residential, commercial, and cultural facilities [2]. Group 2: Land Use and Development Plans - The land is designated for residential and cultural use, with residential buildable area of approximately 65,213 square meters and commercial area of about 5,200 square meters [2]. - The project company will develop residential properties for sale, while commercial and cultural facilities will be transferred to the government after approval [2]. Group 3: Location and Strategic Importance - The Jing'an District land is located within the inner ring of Jing'an, benefiting from the Suzhou River waterfront and proximity to major commercial and transportation hubs [3]. - The area is positioned as a world-class waterfront new economy headquarters cluster, focusing on finance, technology, professional services, and cultural industries [3]. - The board believes that acquiring the land at a reasonable cost will enhance the company's quality land reserves and strengthen its strategic position in Shanghai [3].

Core Viewpoint - The company successfully acquired the Shanghai Jing'an District land through a consortium for RMB 7.737 billion, enhancing its land reserves and strategic position in Shanghai [1][3]. Group 1: Acquisition Details - The company, through its subsidiary Shanghai Yueheng, holds a 20% interest in the consortium that won the bid for the land [1]. - The total area of the acquired land is approximately 26,108 square meters, with a total buildable area of about 153,943 square meters [2]. - The land is designated for residential and cultural use, with specific allocations for residential, commercial, and public service facilities [2]. Group 2: Location and Strategic Importance - The land is located within the inner ring of Jing'an District, benefiting from prime riverfront views along the Suzhou River [3]. - The surrounding area is well-equipped with transportation options, including proximity to multiple metro lines and major commercial districts [3]. - The acquisition is expected to strengthen the company's land reserves and reinforce its strategic position in the competitive Shanghai real estate market [3].

Group 1 - Tianjin government allows homeowners to withdraw housing provident fund for elevator installation and renovation, benefiting property owners and their families [1] - The policy aims to support urban renewal and alleviate financial pressure on residents in old communities, focusing on upgrading existing residential functions [1] Group 2 - Sunac China successfully passed its offshore debt restructuring plan with 98.5% of creditors voting in favor, meeting the necessary threshold for court approval [2] - The court hearing for the restructuring plan is scheduled for November 5, indicating significant progress in resolving Sunac's debt issues [2] Group 3 - China Resources Land acquired two land parcels in Wuhan and Chengdu for a total consideration of approximately 960 million yuan, with a total floor area of about 187,100 square meters [3] - The acquisitions reflect a counter-cyclical strategy to optimize land reserves and demonstrate confidence in the strong second-tier city market [3] Group 4 - Shanghai Shenda's indirect stake in Shenda Development increased from 6.06% to 56.18% following a shareholding adjustment by the Shanghai State-owned Assets Supervision and Administration Commission [4] - This change indicates a more concentrated and stable shareholding structure, enhancing resource support for Shenda Development [4] Group 5 - Beijing Urban Construction will continue to focus on core cities and adopt a cautious approach to land bidding, aligning with current risk management needs in the real estate sector [5] - The company reported cash dividends of approximately 213 million yuan from external investments and confirmed rental income of 273 million yuan from commercial real estate by June 30, 2025 [5]

Core Viewpoint - The company has announced its 2025 semi-annual profit distribution plan, which includes a cash dividend of 3 yuan per 10 shares, reflecting a commitment to shareholder returns while maintaining operational stability [2][11]. Group 1: Company Overview - The company is named Xinlei Compressor Co., Ltd., with the stock code 301317 [1]. - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period [4]. Group 2: Financial Performance - For the first half of 2025, the company reported a net profit attributable to shareholders of 389.20 million yuan, with the parent company's net profit at 387.03 million yuan [11]. - The undistributed profits as of June 30, 2025, amounted to 516.55 million yuan for the consolidated financial statements and 475.51 million yuan for the parent company [11]. Group 3: Profit Distribution Plan - The profit distribution plan proposes a cash dividend of 3 yuan per 10 shares, with no bonus shares issued and no capital reserve fund conversion into shares [2][11]. - The total cash dividend payout is estimated to be approximately 45.78 million yuan, which represents 11.76% of the net profit attributable to shareholders for the first half of 2025 [11]. Group 4: Land Acquisition - The company has completed a land acquisition process, signing a contract for the purchase of land use rights and related buildings, with a total compensation of 561.43 million yuan [4][5]. - The company has received a total of 505.28 million yuan in land acquisition payments to date [5][6].

Group 1 - The core viewpoint of the article is that Sino Land Company successfully acquired a residential land plot in Tuen Mun for HKD 1.09 billion, marking its first addition to land reserves since December 2023 [1] - The acquired land is strategically located near the future station of the Tuen Mun South Extension Line, providing a transportation advantage [1] - The company is accelerating the sale of new projects, including the 11th phase of Sunrise Kowloon and Yuen Long Park Lane, with additional projects like Yau Tong Ventilation Building, Park Lane Phase 3, and the streets of Tung Kwan and Chong On awaiting launch [1] Group 2 - As of the end of 2024, Sino Land is expected to have a net cash position of approximately HKD 45.9 billion, indicating strong financial health to support ongoing dividends and land acquisitions [1] - The current share price is trading at a 51% discount to the bank's estimated net asset value per share, and the discount increases to 68% when net cash is excluded [1] - Based on its robust financial condition and multiple catalysts, the bank maintains a "Buy" rating for Sino Land, raising the target price from HKD 9.78 to HKD 10.56 [1]

Summary of Key Points Core Viewpoint - China Overseas Development (00688.HK) reported a decline in contract property sales amounting to approximately RMB 118.50 billion for July 2025, a year-on-year decrease of 10.2%, while the corresponding sales area increased by 20.8% to about 660,200 square meters [1]. Sales Performance - For the period from January to July 2025, the cumulative contract property sales amounted to approximately RMB 1,320.00 billion, reflecting a year-on-year decline of 18.3%, with the cumulative sales area at about 5.78 million square meters, down 3.4% [1]. Property Sales Recognition - As of July 31, 2025, the company recorded recognized property sales of approximately RMB 72.10 billion, which is expected to convert into contract property sales in the following months [1]. Land Acquisition - In July 2025, the group acquired five land parcels in Shenzhen, Jinan, and Shanghai, with an equity building area of approximately 511,547.77 square meters, and the corresponding land premium amounting to about RMB 14.90 billion [1]. - From January to July 2025, the total land acquired by the group had an attributable floor area of approximately 3,079,298.69 square meters, with a cumulative land premium payable of about RMB 55.01 billion [1]. Additional Land Acquisition - In July 2025, China Overseas Hongyang Group acquired a land parcel in Baotou City, Inner Mongolia, with an equity building area of approximately 156,904.00 square meters, and the land premium for this acquisition was about RMB 2.91 billion [1]. Analyst Rating Update - UBS has raised the target price for China Overseas Development to HKD 15, maintaining a "Neutral" rating [2].

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之內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不就因本公告全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任 何責任。 （在香港註冊成立的有限公司） （股份代號：00123） 公 告 收購土地 越秀地產股份有限公司（「本公司」）董事會（「董事會」）欣然宣佈，於二○二五年四月二十八 日，透過聯合體（定義見下文），通過公開掛牌方式以人民幣12,600,000,000元成功競得北京市 朝陽區平房鄉黃杉木店平房區城中村改造項目2107-01、02、03地塊及孫河組團土地儲備項目 2902-73地塊（統稱「北京市朝陽區地塊」）。 北京市朝陽區地塊 一個由本公司實際擁有95.475%權益的附屬公司廣州越秀華城房地產開發有限公司（「廣州 越秀華城」）與北京方興亦城置業有限公司及北京興鼎房地產開發有限公司基於各自獨立利 益、按一般商業條款所商議而組成聯合體（「聯合體」），該聯合體通過公開掛牌方式以人民幣 12,600,000,000元成功競得北京市朝陽區地塊。廣州越秀華城將會與合作方共同成立項目公司 以開發北京市朝陽區地塊，廣州越秀華城 ...