Moving Forward to 2030

1H 2016 (English) 1H 2016 (Chinese) The Group’s finance costs increased : (i) Net exchange loss RMB376.0 million (ii) The decrease in the capitalization ratio of finance cost was mainly for making payments in acquisition of equity interests and the operational...

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1H 2016 (English) 1H 2016 (Chinese) From the report : In some third- and fourth-tier cities, the real estate market remained sluggish due to high inventory and weak demand. The divergent market performance rendered it a normal industry practice to have...

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1H 2016 Revenue from commercial leasing and retail operations remained substantially the same as compared with that of the corresponding period of last year. Revenue from hotel operations decreased by 5% as compared with the corresponding period of last...

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1 H 2016 (English) 1 H 2016 (Chinese) 1H 2016 中駿置業合同銷售金額約 119 億元，面積 73.6 萬平方米 +120%。副總裁黃攸權透露 : 2016 土地預算從原定的 75 億增加到 100 億。2015 年上半年中駿置業的負債率是 70.7%，但是今年上半年負債率已經增長到 88.6%。 中期業績發布會現場問答實錄： 現場提問：很多內地的二線城市，比如合肥和廈門，房價的升幅比很多一線城市還高，您覺得內地政府會不會推出全國性的調控措施？中駿是否會上調全年的銷售目標？...

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千燈湖奧園 1 號 : 佛山合富輝煌市場研究中心統計數據顯示，今年上半年，千燈湖板塊的一手住宅均價直線飆升至近 1.7 萬元/平方米，比去年的 1.37 萬元/平方米上漲了 25 %。到了今年 7 月份，更升至 1.9 萬元/平方米，從新貨的報價來看，8 月份的成交價格還會進一步走高。奧園 1 號的銷售人員表示，現在樓盤還未定價，跟隨行情開價起碼都要 2 萬元/平方米。 27/08/2016 位於 6 號線香雪站上蓋的 蘿崗奧園廣場，加推 H5 棟 Loft 公寓，開盤 30 分鐘，300 套新貨全部售罄。...

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1 H 2016 (English) 1 H 2016 (Chinese) Shanghai Taipingqiao Construction work on Lakeville Luxe (Lot 116) with a total GFA of 88,000 sq.m. commenced in the second half of 2014. The first batch of pre-sales launched in December 2015 and the second and third...

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1 H 2016 (English) 1 H 2016 (Chinese) From Shui On's Report : 1) For retail properties, the average vacancy rate across major cities in China is still increasing, and the average rent is edging down. Prospects for an early revival look limited by the...

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1H 2016 Report (English) 1 H 2016 Report (Chinese) Risk of Exchange Rate Fluctuation The Group mainly operates in the PRC, so most of its revenue and expenses are measured in RMB. The value of RMB against the U.S. dollar and other currencies may fluctuate...

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Yield: 5.55% P/E Ratio: 5.24 1H 2016 (English) 1H 2016 (Chinese) Deutsche Bank 26/08/2016 - deubank.pdf JPM 26/08/2016 - JPM.pdf 放下对盈利水平的刻意追求，理性接受盈利水平下行的现实。 展望 2016 下半年，全球經濟將繼續呈緩慢增長態勢，發展中的不確定性因素增多。美國增長態勢明朗但增速放緩，美聯儲加息預期進一步延後；歐元區經濟緩慢復蘇，但英國脫歐將對歐盟政治、經濟帶來一系列負面衝擊，歐盟內部不穩定性增加；日本短期呈現較快增長勢頭，但增長動能缺乏；新興經濟體長期增長的結構性問題依然存在。中國經濟韌性好、潛力足、迴旋空間大的特質沒有改變，在供給側結構性改革、放鬆管制和創新驅...

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奥园莲峰大境 1H 2016 Report (English) 1H 2016 Report (Chinese) Because of the shares buy back exercise, 1H 2016 results should be read with the decrease in cash RMB135.75 million (with certain savings in provisions for FY2015 dividends as shown in the accounts)...

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