智通财经APP获悉，1月7日，香港地政总署公布，2025年第四季批出11份住宅项目预售楼花同意书，共 涉及3872个住宅单位。连同2025年首三季批出的预售楼花同意书，香港地政总署2025年共批出23份住宅 项目预售楼花同意书，共涉及10845个单位。 与此同时，该署正处理九份共涉及3447个住宅单位和3个非住宅单位的转让同意书申请，而有待核准的 非住宅项目预售楼花同意书申请则有3份。 此外，香港地政总署亦于第四季批出6份转让同意书，涉及1个位于大埔的发展项目的两个分期，以及2 个分别位于将军澳和启德的分期发展项目，共涉及2524个住宅单位;以及1个位于天水围的分期发展项目 的商业单位和1个位于大屿山的分期发展项目的酒店部分。 截至2025年12月31日，有待核准的住宅项目预售楼花同意书申请共23份，共涉及6856个单位， ...

Core Viewpoint - Rongtai Group (01172.HK) reported a significant decline in revenue and an increase in losses for the six months ending September 30, 2025, indicating challenges in its business operations and market conditions [1] Financial Performance - The group recorded a consolidated revenue of approximately HKD 64 million for the period, down 37% from HKD 101 million in the same period last year [1] - The loss attributable to the owners of the company was about HKD 20 million, compared to a loss of HKD 37 million in the previous year, with basic and diluted loss per share at HKD 0.35, down from HKD 0.63 [1] Business Segments - Revenue from the printing business decreased to approximately HKD 61 million, down from HKD 67 million in the previous year, attributed to rising protectionism and increased policy uncertainty leading to weak demand for printing products [1] - Income from the sale of completed residential units and parking spaces in the property development project in Zigong City, Sichuan Province, China, dropped significantly from approximately HKD 31 million to about HKD 0.1 million compared to the same period last year [1]

Core Viewpoint - Han Kong Holdings (01663) expects a profit attributable to equity holders of approximately RMB 4 million to RMB 6 million for the six months ending September 30, 2025, compared to a profit of approximately RMB 25.2 million for the six months ending September 30, 2024, indicating a significant decline in profitability due to reduced revenue from the sale of properties held for sale after the delivery of residential units [1] Financial Performance - The company anticipates a profit range of RMB 4 million to RMB 6 million for the upcoming reporting period [1] - The profit for the previous comparable period was approximately RMB 25.2 million, highlighting a decrease in expected earnings [1] Revenue Drivers - The board attributes the decline in profit primarily to a decrease in revenue from the sale of properties held for sale following the delivery of residential units [1]

Core Viewpoint - Han Kong Holdings (01663) expects a profit attributable to equity holders of approximately RMB 4 million to RMB 6 million for the six months ending September 30, 2025, compared to a profit of approximately RMB 25.2 million for the six months ending September 30, 2024, indicating a significant decline in profitability due to reduced revenue from the sale of properties held for sale after the delivery of residential units [1] Summary by Category - **Profit Forecast** - The company anticipates a profit of approximately RMB 4 million to RMB 6 million for the upcoming six-month period [1] - This is a decrease from the previous period's profit of approximately RMB 25.2 million [1] - **Reasons for Profit Decline** - The board attributes the decline in profit primarily to a decrease in revenue from the sale of properties held for sale after the delivery of residential units [1]

Core Viewpoint - Hongan Real Estate (01243.HK) reported a significant increase in revenue for the six months ending September 30, 2025, with a revenue of approximately HKD 608 million, representing a 37.5% increase compared to HKD 442 million for the same period in 2024 [1] Financial Performance - The company recorded a loss attributable to equity holders of approximately HKD 384 million during the reporting period, compared to a profit of approximately HKD 96.9 million for the six months ending September 30, 2024 [1] - The loss was primarily due to losses from the sale of partial interests in joint ventures, write-downs of properties held for sale, and a decrease in profits from joint ventures [1] Future Outlook - The company plans to continue selling unsold residential units and commercial properties, employing flexible strategies to seize market opportunities while maintaining prudent financial discipline [1] - With a focus on diversifying asset classes and executing projects efficiently, the company is well-positioned for sustained growth as market conditions gradually improve, aiming to create long-term value for stakeholders [1]

Group 1: Real Estate Transactions - In Q3, a total of 1,411 real estate units and parking spaces were sold, amounting to MOP 6.26 billion [1] - The number of residential units sold in Q3 was 955, an increase of 154 units quarter-on-quarter, with a total transaction value rising by 24.8% to MOP 4.61 billion [1] - The number of spot residential transactions decreased by 4.1% to 725 units, with a total value down by 6.3% to MOP 3.26 billion [1] - The number of new residential units sold (pre-sale) surged by 411.1% to 230 units, with transaction value increasing by 529.7% to MOP 1.35 billion [1] Group 2: Average Prices and Price Changes - The average price per square meter for residential units increased by 7.7% quarter-on-quarter, reaching MOP 74,190 [1] - The average price for residential units in the Macau Peninsula rose by 12.6% to MOP 74,590, driven by new residential developments [1] - The average price for residential units in Coloane increased by 4.0% to MOP 87,093, while Taipa saw a decrease of 4.6% to MOP 70,110 [1] - The average price for spot residential units fell by 3.2% to MOP 65,897, with significant transactions concentrated in Taipa Central, Black Sand New Reclamation Area, and Black Sand & Youhan District [1] - The average price for pre-sale residential units was MOP 112,645, reflecting a quarterly increase of 9.1% [1] Group 3: Construction and Development - As of the end of Q3, there were 5,778 residential units in the design phase and 1,357 units under construction [2] - A total of 787 units were undergoing inspection during the same period [2] - In Q3, 327 residential units received construction permits, all located in the Macau Peninsula, with 85.6% being non-divided units and 13.5% being two-bedroom units [2]

Group 1: Real Estate Market Overview - In Q1 2024, a total of 1,348 property transactions were completed in Macau, with a total value of 5.33 billion MOP, representing a decline of 1.5% and 28.4% compared to Q4 2023 [1] - The average price per square meter for residential units decreased by 5.5% quarter-on-quarter to 71,859 MOP, with specific declines noted in different regions: Macau Peninsula (68,043 MOP), Taipa (78,547 MOP), and Coloane (76,441 MOP) [1] - The number of residential unit transactions fell to 754, down by 130 units from the previous quarter, with a total transaction value of 3.69 billion MOP, a decrease of 27.4% [1] Group 2: Residential and Commercial Unit Trends - The average price per square meter for office units dropped by 10.1% to 58,652 MOP, while industrial units saw an increase of 5.5% to 34,361 MOP [2] - As of the end of Q1 2024, there were 5,174 residential units in the design phase and 1,785 units under construction, with 104 units undergoing inspection [2] - A total of 212 residential units received occupancy permits during the quarter, all located in the Macau Peninsula, with 32 units having construction permits issued [2]