Financial Performance - Revenue increased by 12.7% from HK$34,727 million in 2024 to HK$39,126 million in 2025[6] - Profit attributable to shareholders decreased by 26.2% from HK$8,603 million in 2024 to HK$6,302 million in 2025[6] - Interim dividend per share (DPS) remained unchanged at HK$0.39[9, 10] Property Sales - Property sales revenue increased by 58.9% from HK$4,635 million in 2024 to HK$7,366 million in 2025[23] - Property sales profit contribution decreased by 2.9% from HK$1,821 million in 2024 to HK$1,768 million in 2025[23] - The company has HK$28,553 million in contracted sales not yet recognized, with approximately HK$22,898 million scheduled for recognition in 2025[27] Property Rental - Property rental revenue decreased by 3.7% from HK$3,118 million in 2024 to HK$3,002 million in 2025[31] - Property rental profit contribution decreased by 5.3% from HK$2,444 million in 2024 to HK$2,315 million in 2025[31] - Overall occupancy of Hong Kong and European portfolios is approximately 86% and 99% respectively[31] Infrastructure and Utility Asset Operation - Infrastructure and Utility Asset Operation revenue increased by 8.1% from HK$12,576 million in 2024 to HK$13,598 million in 2025[57] - Infrastructure and Utility Asset Operation profit contribution increased by 11.7% from HK$4,098 million in 2024 to HK$4,576 million in 2025[57]

Core Viewpoint - Hysan Development (00014) reported a mixed performance in its interim results, with revenue growth but a significant decline in profit attributable to shareholders [1] Financial Performance - The company reported a revenue of HKD 1.73 billion for the six months ending June 30, 2025, representing a year-on-year increase of 2.19% [1] - The recurring basic profit was HKD 1.031 billion, up 1.2% year-on-year [1] - Profit attributable to shareholders was HKD 75 million, showing a substantial decrease of 82.44% year-on-year [1] - The company proposed an interim dividend of HKD 0.27 per share [1] Operational Highlights - Revenue growth was attributed to portfolio optimization and improved sales performance [1] - The office rental rate increased from 90% to 92%, which helped mitigate the impact of rental reductions [1] - Strong expansion in Shanghai Li Yuan and recovery in the rental rate of Zhu Lin Yuan contributed to overall revenue and profit growth during the period [1]

业绩增长主要得益于核心业务板块的稳健表现，包括香港商铺业务的韧性、资产组合优化及销售表现改 善。写字楼出租率由90%提升至92%，上海利园的强劲扩张及竹林苑出租率的回升也对营业额及溢利增 长作出了贡献。 （文章来源：证券时报网） 希慎兴业公布截至2025年6月30日止六个月的中期业绩。公司营业额为17.30亿港元，同比增长2.2%；经 常性基本溢利为10.31亿港元，同比增长1.2%。 ...

Core Viewpoint - The company remains optimistic about the long-term development prospects of the rental industry and considers its rental business a core part of its strategic development [2] Group 1: Business Strategy - The company focuses on key markets such as Beijing, Shanghai, and Hangzhou, and has managed over 300,000 rental units, maintaining industry-leading scale and operational efficiency [2] - The company has established a strong brand presence and is capable of meeting the differentiated needs of various tenant groups across different cities [2] Group 2: Service Offering - The company provides a comprehensive suite of services through a digital platform, including tenant finding, property maintenance, and financial services [2] Group 3: Market Positioning - The company actively monitors industry policy changes and is researching new financial tools and business models to further enhance its market leadership in the rental sector [2]

Group 1 - The company K W NELSON GP (08411) reported a revenue of HKD 12.264 million for the six months ending June 30, 2025, representing a year-on-year increase of 42.7% [1] - The company experienced a net loss of HKD 2.268 million, which is a year-on-year increase of 14.6% [1] - The basic loss per share was HKD 0.24 [1] Group 2 - The increase in revenue was primarily driven by higher earnings from office properties and medical center projects [1]

Core Insights - Carlyle Group Inc reported a total market value of $5.03 billion for its Q2 2025 holdings, reflecting a 32% increase from the previous quarter's $3.80 billion [1][2] - The investment portfolio saw only one new purchase, one addition, two reductions, and four complete sell-offs, indicating a highly concentrated stock holding with the top ten holdings accounting for 99.72% of the total market value [1][2] Holdings Summary - The largest holding is StandardAero Inc, with approximately 152.67 million shares valued at about $4.83 billion, representing 95.06% of the portfolio, and showing a 13.64% increase in shares from the previous quarter [2][5] - Soleno Therapeutics Inc is the second-largest holding, with around 860,980 shares valued at approximately $72.08 million, maintaining its share count from the previous quarter [3][5] - Phathom Pharmaceuticals ranks third, holding about 3.5 million shares valued at approximately $33.53 million, also unchanged from the previous quarter [3][5] - Pony.ai, a Chinese autonomous driving company, is the fourth-largest holding with approximately 2.36 million shares valued at about $31.18 million, showing no change in share count [4][5] - Invitation Homes Inc, focusing on single-family rental properties, is the fifth-largest holding with around 477,500 shares valued at approximately $15.66 million, also unchanged [4][5] Trading Activity - The largest purchase in Q2 was StandardAero Inc, while the only new position established was in Crowdstrike Holdings Inc, with a market value of approximately $6.26 million [5][6] - Major sell-offs included WeRide Inc, SEACOR Marine Holdings Inc, Complete Solaria Inc, and Spruce Biosciences Inc, with WeRide and SEACOR Marine being completely sold out [6][7]

Core Viewpoint - Hefei Hexin Real Estate Leasing Co., Ltd. has been established with a registered capital of 50 million yuan, primarily focusing on property management, land use rights leasing, hotel management, and real estate consulting, among other services. The company is wholly owned by Poly Developments and Holdings Group Co., Ltd. [1] Company Information - The legal representative of Hefei Hexin Real Estate Leasing Co., Ltd. is Qiu Honggang [1] - The company is registered with a capital of 50 million yuan and is classified as a limited liability company [2] - The business scope includes property management, land use rights leasing, hotel management, non-residential real estate leasing, housing leasing, and real estate consulting [1][2] Shareholding Structure - The company is wholly owned by Anhui Poly Real Estate Development Co., Ltd., which is a state-owned enterprise [2] - Poly Developments and Holdings Group Co., Ltd. holds 100% of the shares in Anhui Poly Real Estate Development Co., Ltd. with a registered capital of 500 million yuan [2]

Group 1 - A new company, Hefei Hexin Real Estate Rental Co., Ltd., has been established with a registered capital of 50 million yuan [1] - The legal representative of the new company is Qiu Honggang [1] - The business scope of the company includes property management, land use rights leasing, hotel management, non-residential real estate leasing, housing leasing, and real estate consulting [1] Group 2 - The company is indirectly wholly owned by Poly Development (stock code: 600048) [1]

Core Viewpoint - The Hong Kong property market is expected to see a 2% increase in prices in the third quarter of 2023, with both rental and property prices rising simultaneously for the first time in four years [1] Group 1: Property Prices - The "Mei Lun Property Index" surpassed the end of last year's figures in late July, indicating a shift from decline to growth in property prices [1] - Factors driving the increase in property prices include low interest rates, a rising stock market, and a reduction in supply [1] - The market sentiment among buyers has become more positive, contributing to the recovery in property prices [1] Group 2: Rental Market - Rental prices in Hong Kong have continued to break previous highs and are expected to rise alongside property prices [1] - The demand for rental properties remains strong, further fueling the upward trend in both rental and property prices [1] Group 3: Market Outlook - The company anticipates that both rental and property prices will record increases for the entirety of 2023, marking a significant recovery in the market [1] - The expected 2% increase in property prices for the third quarter represents the highest level seen since the first quarter of 2023 [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的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對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的任何損失承擔任何責任。 Zhong Jia Guo Xin Holdings Company Limited 中加國信控股股份有限公司 （於百慕達註冊成立之有限公司） （股份代號：899） 自願性公告 業務最新情況 本公告乃由中加國信控股股份有限公司（「本公司」，連同其附屬公司統稱「本集團」）自 願公佈，旨在向本公司股東（「股東」）及潛在投資者提供本集團最新業務發展情況。 本公司董事（「董事」）會（「董事會」）謹此通知根據截至二零二五年三月三十一日止年 度的年度報告，集團曾於二零二四年四月一日作出預測（「預測」），預期截至二零二五年 三月三十一日止年度將實現租金收入約1027萬港元及礦產銷售約1302萬港元。而實際該年度 租金收入約755萬港元，礦產銷售為0港元，較預測值分別出現約29.57%（「租金差額」）及 100%（「礦產差額」）的差額（統稱「差額」）。 公司本預期，在新冠疫情限制措施解除後，中國經濟將在2024年有所好 ...