Real Estate Development

SHIMAO GROUP

Sunac's contract sales in April fell by 39.63% year-on-year

DBS Acquires Multiple Floors of Hong Kong's Central Plaza

SHIMAO GROUP released FY2025 Q3 earnings on March 27, 2026 (BJT) with actual revenue of HKD 7.429 B and actual EPS of HKD 1.1335

SHIMAO GROUP released FY2025 9 Months earnings on March 27 (BJT), actual revenue HKD 23.48 B, actual EPS HKD -1.3193

Shimao Services Announces 2025 Yearly Report: Revenue Remains Stable, Core Indicators Set New Records

SHIMAO GROUP released FY2025 Q4 earnings on March 27 Pre-Market (BJT), actual revenue HKD 7.557 B, actual EPS HKD 1.2573

SHIMAO GROUP released FY2025 earnings on March 27 Pre-Market (BJT), actual revenue HKD 31.06 B (forecast HKD 39.89 B), actual EPS HKD 2.0952 (forecast HKD -2.607)

SHIMAO GROUP to release FY2025 earnings on March 27, pre-market (BJT), forecast revenue HKD 40.16 B, EPS HKD -2.625

China Merchants Group reported January 2026 unaudited contract sales

Sunac Announces Preliminary January 2026 Contract Revenue and Sales Data

Shimao Construction Adds Approximately 420 Million Yuan in Overdue Debt and Announces Sales Dilemma

370 Million USD Mandatory Convertible Bonds Converted to New Shares at Sunac Group

Sunac Completes Overseas Debt Restructuring and Secures Extension of Domestic Loans

Shanghai Shimao Construction Failed to Pay Off Corporate Bond Interest and Principal on Time

Sinomax Group Reports 44.38% Y/Y Drop in Sales in November

Sihuan Group's Contracted Sales in October Fell by 45.27% YoY

Shimao Group's affiliate Shanghai Shimao announces first nine months performance: revenue growth, narrowed net loss

Shimao Group's contract sales for the first three quarters of 2023 reached 19.217 billion yuan

Shimao Group Reports Preliminary Sales Data for Jan-Sept 2025

Shanghai Shimao Group Takes Over Tengzhou Beixin Road Star Sea International Square Project

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SHIMAO GROUP-0.001 (-0.610%) announced that contracted sales for April this year amounted to approximately RMB1.208 billion, representing a YoY decrease of about 39.63%. Contracted sales area was 96,271 square meters, with an average selling price of RMB12,548 per square meter.Cumulative contracted sales for the first four months of this year totaled approximately RMB5.731 billion, down about 36.81% YoY. Aggregate contracted sales area reached 469,700 square meters, with an average selling price of RMB12,201 per square meter. (sl/a)(HK stocks quote is delayed for at least 15 mins.)

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SHIMAO SERVICES

SHIMAO GROUP  Apr Contracted Sales Down Nearly 40% YoY

Shimao Group Holdings has scheduled its 2026 annual general meeting for June 25, 2026, to review financial statements and vote on director re-elections and auditor re-appointments. The meeting will also seek approval for a general mandate to issue additional shares or convertible securities, capped at 20% of the company's issued share capital. This authority aims to maintain financial flexibility while ensuring shareholder oversight. The latest analyst rating for Shimao's stock (HK:0813) is a Hold, with a price target of HK$0.40.

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Shimao Group Calls 2026 AGM, Seeks Renewal of Share Issuance Mandate

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Shimao Group Holdings reported preliminary contracted sales of approximately RMB4.523 billion for Q1 2026, with a sold area of 373,425 square meters and an average price of RMB12,112 per square meter. In March, sales reached RMB1.712 billion on 142,921 square meters. The company cautioned that these figures are based on internal data and may differ from future audited statements. Analysts currently rate the stock as a Sell with a price target of HK$0.20, reflecting concerns over the company's performance amid China's real estate volatility.

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Shimao Posts RMB4.5 Billion in Preliminary First-Quarter Contracted Sales

SHIMAO GROUP announced its full-year results for the year ending last December, with a revenue of RMB 28.418 billion, a year-on-year decrease of 52.6%. The company achieved a profit of RMB 14.473 billion, compared to a loss of RMB 35.905 billion in the same period last year, with earnings per share of RMB 2.61, but no dividend was declared. The contracted sales amounted to RMB 23.953 billion, with land reserves of approximately 34.16 million square meters. The independent auditor stated that they were unable to express an opinion, pointing out significant uncertainties that may affect the company's ability to continue as a going concern

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"Performance" SHIMAO turned a full-year loss into a profit of 14.473 billion RMB, auditor unable to express an opinion

SHIMAO SERVICES announced its full-year results for the year ended December last year, with a revenue of RMB 7.88 billion, a year-on-year decrease of 0.2%. It turned a loss into a profit of RMB 103 million, compared to a loss of RMB 272 million in the same period last year; earnings per share were RMB 0.04. No dividend was declared

"Performance" SHIMAO SERVICES turned a loss into a profit of 103 million yuan for the whole year

In the first two months of 2023, SHIMAO GROUP's total contract sales reached RMB 2.811 billion, with approximately 300 units delivered. The offshore debt restructuring plan implemented by the company on July 21 last year has taken effect, alleviating overall debt pressure and improving financial conditions. The group is actively negotiating loan extensions with domestic lenders, with approximately RMB 1.8 billion in loans successfully extended to 2029. SHIMAO continues to focus on accelerating sales and ensuring delivery to achieve sales targets

In the first two months of "Domestic Real Estate," SHIMAO achieved contract sales of 2.811 billion RMB and delivered a total of 300 housing units

Seazen Subsidiary Settles Cash Offer for 2027 Senior Notes

Seazen Subsidiary Settles Cash Offer for 2027 Senior Notes

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JP Morgan released a research report updating the investment ratings for domestic property and property management stocks. Among domestic property developers, China Resources Land, China Overseas, China Jinmao, Longfor Group, and Seazen were rated as overweight, while China Vanke was rated as underweight. Country Garden, Sunac China, and Shimao Group were also rated as underweight. In terms of Chinese property management stocks, China Resources Mixc was rated as overweight, China OVS was rated as underweight, Poly Property and GREENTOWN SER were rated as overweight, CG SERVICES was rated as neutral, while A-LIVING and SUNAC SERVICES were rated as underweight

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JP Morgan's Investment Ratings on Real Estate and Property Management Stocks

Shimao Group founder Xu Rongmao sold the entire 38th floor of the Golden Bell Li Bao Center for approximately HKD 253 million, losing about HKD 252 million after holding it for 13 years and seeing its value halved. The property was purchased in 2013 for HKD 505 million as the group's self-use office, with a purchase price of approximately HKD 27,923 per square foot. The floor was once offered HKD 1 billion by a consortium during the peak of the office market in 2018, but the deal ultimately did not go through

Xu Rongmao sells the entire floor of Libao Center for 253 million, holding the property for 13 years before exiting at a loss

SHIMAO GROUP(00813.HK)

SHIMAO GROUP Apr Contracted Sales Down Nearly 40% YoY

Shimao Group Calls 2026 AGM, Seeks Renewal of Share Issuance Mandate

Shimao Posts RMB4.5 Billion in Preliminary First-Quarter Contracted Sales

"Performance" SHIMAO turned a full-year loss into a profit of 14.473 billion RMB, auditor unable to express an opinion

"Performance" SHIMAO SERVICES turned a loss into a profit of 103 million yuan for the whole year

In the first two months of "Domestic Real Estate," SHIMAO achieved contract sales of 2.811 billion RMB and delivered a total of 300 housing units

Seazen Subsidiary Settles Cash Offer for 2027 Senior Notes

JP Morgan's Investment Ratings on Real Estate and Property Management Stocks

Xu Rongmao sells the entire floor of Libao Center for 253 million, holding the property for 13 years before exiting at a loss