Goldman Sachs downgrades Seazen Group Ltd. (1030) to a Sell

Goldman Sachs analyst Yi Wang downgraded Seazen Group Ltd. to a Sell rating with a HK$1.80 price target. The shares closed at HK$2.05. Wang, a 3-star analyst, has an average return of 8.1% and a 58.82% success rate. The consensus rating for Seazen Group Ltd. is Hold, with a HK$2.55 average price target.

SEAZEN's contract sales in November amounted to 1.448 billion RMB, a decrease of 42.4%

Seazen Holdings announced a contract sales amount of RMB 1.448 billion in November, a year-on-year decrease of 42.4%; the cumulative contract sales amount is RMB 17.917 billion, a year-on-year decrease of 51.5%. Rental income for this month is RMB 1.078 billion, with a cumulative total of RMB 11.99 billion, a year-on-year increase of 10.4%

Seazen Group Reports RMB1.078 Billion Rental Income for November 2025

Seazen Group Ltd. reported unaudited rental income of RMB1.078 billion for November 2025, with 178 properties totaling 16,381,800 square meters. Commercial operating income was RMB1.155 billion. From January to November 2025, rental income reached RMB11.990 billion, and commercial operating income totaled RMB12.852 billion. These figures are preliminary and may differ from future audited statements.

Real estate stocks opened lower, with Vanke A falling over 7%, continuing to hit a new low in more than 10 years. Bright Real Estate, Seazen, Gemdale, Cmsk, and OCT also saw declines

"Large Banks" Huayan: Domestic real estate is in a policy vacuum period, optimistic about CHINA RES LAND, C&D INTL GROUP, and SEAZEN

"Large Banks" Huayan: Domestic real estate is in a policy vacuum period, optimistic about CHINA RES LAND, C&D INTL GROUP, and SEAZEN