In October, PDH's contract sales amounted to 21.12 billion yuan

In "Inner Housing," the China Index Academy reports: The total sales of the top 100 real estate companies in the first ten months fell by 16.3% year-on-year

According to data from the China Index Academy, in the first ten months of this year, the total sales of the top 100 real estate companies amounted to nearly 2.9 trillion yuan, a year-on-year decrease of 16.3%. Poly Developments, Greentown China, and China Overseas ranked as the top three in sales. In October, the total sales increased by 3.7% month-on-month, but decreased by 41.9% year-on-year. Overall, the decline has widened compared to the previous nine months, reaching the lowest level since 2019

Poly Developments released its performance for the first three quarters, with a net profit attributable to the parent company of 1.929 billion yuan, a decrease of 75.31%

Poly Developments released its third-quarter report for 2025, with operating revenue for the first three quarters at 173.722 billion yuan, a year-on-year decrease of 4.95%. The net profit attributable to the parent company was 1.929 billion yuan, a year-on-year decline of 75.31%. The net profit after deducting non-recurring gains and losses was 1.74 billion yuan, a year-on-year decrease of 76.76%. The basic earnings per share were 0.16 yuan

In the past half month, 4 central state-owned enterprise developers have announced financing plans with a total scale exceeding 13 billion yuan

In the past half month, four central state-owned enterprise developers, including China Overseas Land & Investment, CHINA RES LAND, PDH, and Huafa Properties, announced financing plans with a total scale exceeding 13 billion yuan. The financing funds will strictly adhere to the principles of special account supervision and entrusted payment, and shall not be used for purposes such as land payments or mergers and acquisitions. This wave of financing reflects a deep adjustment in the industry's financing structure, with the total financing of 65 typical real estate companies from January to September amounting to 317.15 billion yuan, a year-on-year decrease of 28%

Understanding the Market | POLY PROPERTY Group falls over 9% as equity adjustments in PDH trigger merger rumors; POLY PROPERTY issues an urgent clarification announcement

POLY PROPERTY Group surged 19% last Friday, and today in the morning session, it fell over 9%. As of the time of writing, it has dropped 8.67%, trading at HKD 1.79, with a transaction volume of HKD 49.1869 million. On the news front, POLY PROPERTY announced that it is aware of the recent increase in the company's share price and trading volume. After inquiring about the relevant circumstances regarding the company information, it confirmed that it is not aware of any reasons that could have caused the fluctuations in price and trading volume, nor any information that must be disclosed to avoid creating a false market for the company's securities. At the same time, it advises shareholders and potential investors not to rely on market rumors. It is reported that there were rumors in the market that POLY Development has become a first-level subsidiary of POLY Group, or that it is a prelude to the integration with POLY PROPERTY. Relevant personnel from POLY Development stated to the media that the company's equity adjustment is mainly in response to the requirements for reducing the legal entity level, and that there are no changes in other structures, management arrangements, etc. POLY Development has always been a major subsidiary of POLY Group and is directly managed by the Group