消息面上，恒隆地产公布，截至2025年6月30日止六个月，总收入为49.68亿港元，同比下跌 19%，主要 由于物业销售收入下跌87%至1.61亿港元。2025年香港和内地消费放缓和办公楼需求持续疲弱，物业租 赁收入和营业溢利均下跌3%，分别为46.78亿港元和33.46亿港元。股东应占基本纯利下跌9%至15.87亿 港元，主要是租赁营业溢利下降及财务费用上升。此外，公司宣派中期股息0.12 港元/股。 花旗指，恒隆地产今年上半年基本盈利同比下降8.5%至15.87亿元，符合预期。中金表示，公司将持续 积极管理财务报表，控制资本开支并推动项目处置与资本循环。预期其资本开支有望在今年达峰后持续 下降，净负债率将维持40%以下的审慎水平。基于其稳健的经营趋势和可控的债务压力，该行认为公司 全年派息金额有望保持稳定。 智通财经APP获悉，恒隆地产(00101)涨超3%，截至发稿，涨3.27%，报8.21港元，成交额1.18亿港元。 ...

Core Viewpoint - 恒隆地产's stock rose over 3%, closing at 8.21 HKD with a trading volume of 118 million HKD, despite a significant decline in revenue and profit due to weak property sales and rental income [1] Financial Performance - For the six months ending June 30, 2025, 恒隆地产 reported total revenue of 4.968 billion HKD, a year-on-year decrease of 19% [1] - Property sales revenue plummeted by 87% to 161 million HKD, contributing to the overall revenue decline [1] - Rental income and operating profit both fell by 3%, amounting to 4.678 billion HKD and 3.346 billion HKD respectively [1] - Shareholders' net profit decreased by 9% to 1.587 billion HKD, primarily due to lower rental operating profit and increased financial expenses [1] Dividend and Financial Management - The company declared an interim dividend of 0.12 HKD per share [1] - Citigroup noted that 恒隆地产's basic earnings for the first half of the year fell by 8.5% to 1.587 billion HKD, aligning with expectations [1] - 中金 indicated that the company will continue to actively manage its financial statements, control capital expenditures, and promote project disposals and capital circulation [1] - It is anticipated that capital expenditures will decline after peaking this year, with a net debt ratio expected to remain below 40% [1] - Based on its stable operating trends and manageable debt pressure, the bank believes the company's annual dividend amount is likely to remain stable [1]