观点网讯：1月2日，香港地产代理监管局数据显示，2025年12月全港持牌代理人數增至37,744人，较11 月增加156人，增幅0.4%，反映楼市复苏背景下代理行恢复扩充趋势。据统计，该行业全年持牌人数仍 同比减少738人（2%），但近两个月已连续回升。 目前持牌代理人数较2022年2月历史峰值42,408人累计减少4,664人（11%）。值得注意的是，12月营业 详情说明书增至6,591份，实现连续两个月增长，显示行业经营信心有所恢复。 据了解，2024年9月香港持牌代理曾跌至37,591人的八年新低，当时约5.5名代理竞争一宗交易。市场分 析认为，近期数据反弹与政府稳定楼市政策及成交量回升密切相关。 免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 从业结构方面，12月"S牌"营业员增至20,246人（+86人），"E牌"代理增至17,498人（+70人）。回溯全 年数据，该行业经历剧烈波动——10月终止了长达17个月的连跌趋势，但11月再度减少80人，至12月才 恢复正增长。 ...

鋑联控股(00459)发布公告，集团于截至2025年11月30日止十一个月自物业代理业务、借贷业务及物业 投资业务取得经营溢利(撇除投资物业的公平值亏损)。然而，同期投资物业的公平值亏损约为1.17亿港 元，对比截至2024年12月31日止年度的公平值亏损约5400万港元，该亏损已超过经营溢利。于2025年11 月30日，集团投资物业帐面值约为8.36亿港元。虽然该公平值亏损并不影响集团经营现金流状况，集团 预期于截至2025年12月31日止年度将取得财务业绩恶化，对比截至2024年12月31日止年度取得权益持有 人应占综合净亏损约2600万港元。 ...

智通财经APP讯，鋑联控股(00459)发布公告，集团于截至2025年11月30日止十一个月自物业代理业务、 借贷业务及物业投资业务取得经营溢利(撇除投资物业的公平值亏损)。然而，同期投资物业的公平值亏 损约为1.17亿港元，对比截至2024年12月31日止年度的公平值亏损约5400万港元，该亏损已超过经营溢 利。于2025年11月30日，集团投资物业帐面值约为8.36亿港元。虽然该公平值亏损并不影响集团经营现 金流状况，集团预期于截至2025年12月31日止年度将取得财务业绩恶化，对比截至2024年12月31日止年 度取得权益持有人应占综合净亏损约2600万港元。 ...

格隆汇12月30日丨鋑联控股(00459.HK)公告，集团于截至2025年11月30日止十一个月自物业代理业务、 借贷业务及物业投资业务录得经营溢利(撇除投资物业之公平值亏损)(「经营溢利」)。然而，同期投资 物业之公平值亏损(「公平值亏损」)约为港币1.17亿元，对比截至2024年12月31日止年度之公平值亏损 约港币5400万元，该亏损已超过经营溢利。于2025年11月30日，集团投资物业帐面值约为港币8.36亿 元。虽然该公平值亏损并不影响集团经营现金流状况，集团预期于截至2025年12月30日止年度将录得财 务业绩恶化，对比截至2024年12月31日止年度录得权益持有人应占综合净亏损约港币2600万元。 ...

岑颂谦预计，12月一手成交量继续超过千宗，即届时将连续11个月录逾千宗，并预期12月累积货尾量将 续减，年底有望进一步跌穿1.9万伙水平。 智通财经APP获悉，据美联物业研究中心资料显示，11月(截至26日)香港累积货尾量(包括楼花及现楼) 录约19060个单位，环比续减2.9%，连跌10个月，创自2023年6月后的29个月(近2年半)新低，比起今年1 月高位23121伙已大幅减少超过4000伙，跌约17.6%。 美联物业分析师岑颂谦指出，若将最新11月(截至26日)的货尾数量与今年1月货尾高峰期约23121伙相 比，港、九及新界3区的货尾量均全线减少。减幅最多的是九龙区(包括将军澳及西贡)，该区最新录 10213伙，较1月大幅减少约2780伙，减幅达21.4%。 ...

Core Viewpoint - Fuyuan (00352) has experienced a rebound of nearly 70%, reaching a high of 0.53 HKD, but remains 75% lower than last week's peak of 2.2 HKD, with a current increase of 54.1% at 0.47 HKD and a trading volume of 14.78 million HKD [1] Group 1 - The Listing Committee has determined that Fuyuan has failed to maintain sufficient operational levels and asset scale required for continued listing, thus upholding the decision to suspend trading of the company's shares [1] - Fuyuan has only operated in the real estate agency business since its listing, and the Listing Committee has expressed concerns regarding the viability and sustainability of this business model due to its minimal scale over the past few years [1] - The company has until September 8 to submit a review request to the Listing Review Committee regarding the Listing Committee's decision; if no request is made, trading will be suspended from September 9 at 9 AM [1]

Core Viewpoint - Fuyuan (00352) has experienced a significant rebound of nearly 70%, reaching a high of 0.53 HKD, although it remains 75% lower than last week's peak of 2.2 HKD, with a current increase of 54.1% at 0.47 HKD and a trading volume of 14.78 million HKD [1] Group 1 - The Stock Exchange's Listing Committee has determined that Fuyuan has failed to maintain the required operational level and asset scale for continued listing, leading to the suspension of trading in its shares [1] - Fuyuan has only operated in the real estate agency business since its listing, and the Listing Committee has expressed concerns regarding the viability and sustainability of this business model due to its minimal scale over the past few years [1] - The company has until September 8 to submit a review request to the Listing Review Committee regarding the Listing Committee's decision; if no request is made, trading will be suspended from September 9 at 9 AM [1]

Group 1 - The company reported total revenue of RMB 1.261 billion for the six months ending June 30, 2025 [1] - The total Gross Transaction Value (GTV) for real estate agency services during the reporting period was RMB 17.2 billion [1] - The company incurred a loss of RMB 304.8 million during the reporting period, with total comprehensive expenses amounting to RMB 305.4 million [1]

Core Viewpoint - The company reported a significant decline in revenue and an increase in losses for the six months ending June 30, 2025, indicating challenges in the real estate market [1] Financial Performance - The company achieved revenue of HKD 369 million, a year-on-year decrease of 12.47% [1] - The loss attributable to shareholders was HKD 147 million, an increase of 24.8% compared to the previous year [1] - Basic loss per share was HKD 0.2184 [1] Sales Performance - The total sales amount for properties was approximately HKD 25.3 billion, down about 35% from HKD 39.1 billion in the same period last year [1] - The total sales area of properties was approximately 1.1 million square meters [1]

Core Viewpoint - The company reported a decline in revenue and an increase in losses for the six months ending June 30, 2025, indicating challenges in the real estate market [1] Financial Performance - The company achieved revenue of 369 million HKD, a year-on-year decrease of 12.47% [1] - The loss attributable to shareholders was 147 million HKD, an increase of 24.8% compared to the previous year [1] - Basic loss per share was 21.84 HKD cents [1] Sales Performance - The total sales value of properties was approximately 25.3 billion HKD, down about 35% from 39.1 billion HKD in the same period last year [1] - The total sales area of properties was approximately 1.1 million square meters [1]