Real Estate Development

Seazen

Seazen released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 7.317 B (forecast CNY 3.519 B), actual EPS CNY 0.14 (forecast CNY 0.0655)

Seazen to Release FY2026 Q1 Earnings on April 30 After-Market (BJT), Forecast Revenue CNY 3.519 B, EPS CNY 0.0655

Seazen released FY2025 Annual Earnings on March 27 Pre-Market (BJT), actual revenue CNY 53.01 B (forecast CNY 60.63 B), actual EPS CNY 0.3 (forecast CNY 0.3892)

Seazen released FY2025 Q4 earnings on March 27 Pre-Market (BJT), actual revenue CNY 18.64 B (forecast CNY 17.79 B), actual EPS CNY -0.1292 (forecast CNY 0.2151)

Seazen to release FY2025 earnings on March 28 Pre-Market (BJT), forecast revenue CNY 60.24 B, EPS CNY 0.3892

New City Holdings Holds Roadshow in Hong Kong to Discuss Foreign Currency Financing Attitudes

Morgan Stanley Upgrades Xincheng Holding's Rating to Overweight

New City Holdings Reports Significant Decline in Q1-Q3 Revenue and Net Profit

Seazen released FY2025 9 Months Earnings on October 30 During-Market (BJT), Actual Revenue: CNY 34.37 B, Actual EPS: CNY 0.4409

Seazen released FY2025 Q3 earnings on October 30 During-Market (BJT), actual revenue CNY 12.27 B (forecast CNY 5.929 B), actual EPS CNY 0.034 (forecast CNY 0.0717)

Seazen to Release FY2025 Q3 Earnings on October 31 During-Market (BJT), Forecast Revenue CNY 5.929 B, EPS CNY 0.0717

CFO Oversight Failure Led to Auditor Resignation at New City Holdings

Seazen released FY2025 Semi-Annual earnings on August 29 During-Market (BJT), actual revenue CNY 22.1 B, actual EPS CNY 0.4

Seazen released FY2025 Q2 earnings on August 29 During-Market (BJT), actual revenue CNY 12.36 B (forecast CNY 11.86 B), actual EPS CNY 0.2768 (forecast CNY 0.1434)

Seazen to Release FY2025 Semi-Annual Earnings on August 30, 2025 (BJT)

New Century Holdings Reports Commercial Operation and Sales Data for Jan-Jul

Xincheng Holding Issued 1Billion Yuan Medium-Term Note

Xin Cheng Holding Successfully Issues RMB 1 Billion Medium-Term Notes

Xincheng Holdings Plans to Issue Medium-term Notes for Residential Projects

Nanjing Xincheng Ruisheng Commercial Management Co., Ltd. established

601155

01030

159707

159768

512200

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Seazen Holdings announced that the contract sales amount for the first quarter of 2023 was RMB 3.016 billion, a year-on-year decrease of 40.9%; the sales area was approximately 526,500 square meters. The contract sales amount in March was RMB 1.079 billion, a year-on-year decrease of 49.3%. At the same time, rental income was RMB 1.115 billion, a year-on-year increase of 3.1%; the cumulative rental income for the first quarter was RMB 3.307 billion, an increase of 2.8%

AASTOCKS

SEAZEN

Hwabao WP CSI 800 Real Estate ETF

Yinhua CSI Interior Real Estate Theme ETF

China Southern CSI All Share Real Estate ETF

ChinaAMC CSI All Share Real Estate ETF

In the first quarter, Seazen's contract sales amounted to 3.016 billion RMB, a decrease of 40.9%

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Morgan Stanley has lowered the target prices for some domestic property stocks, expecting the industry to remain under pressure in the second quarter of 2026. Domestic property developers hold a cautious attitude towards market prospects, with weak performance expected in 2025, and core earnings are projected to decline by an average of 29%. State-owned domestic property companies are performing relatively strong, with higher profits and gross margins. Morgan Stanley maintains a positive outlook on China Resources Land and Seazen, while holding a pessimistic view on Greentown China, Vanke A, and Gemdale. The target price adjustments are as follows: Cmsk from HKD 8.31 to HKD 7.03, Gemdale from HKD 2.12 to HKD 1.1, Longfor from HKD 8.2 to HKD 8, and Vanke A from HKD 2.7 to HKD 2.15

Cmsk

CHINA RES MIXC

LONGFOR GROUP

Vanke

Gemdale

GREENTOWN MGMT

Morgan Stanley lowers target prices for some mainland property stocks, expects the industry to remain under pressure in the second quarter

Seazen announced its full-year results for the year ending December last year, with a revenue of RMB 53.136 billion, a year-on-year decrease of 40.4%. The net profit was RMB 393 million, a year-on-year decrease of 19.9%; earnings per share were 6 cents, with no dividend declared. The gross profit was approximately RMB 12.401 billion, with a gross profit margin of 23.3%, an increase of 6.5 percentage points year-on-year. The total borrowings were approximately RMB 54.758 billion, a year-on-year decrease of 5.15%; the weighted average cost of borrowing was 5.81%, a year-on-year decrease of 0.07 percentage points. The net debt to equity ratio was 58.3%

"Performance" Seazen's annual net profit is 393 million RMB, down 19.9%

Seazen achieved a contracted sales amount of approximately RMB 1.223 billion in February 2026, a year-on-year decrease of 37.6%. The cumulative contracted sales amount for the first two months was approximately RMB 1.937 billion, a year-on-year decrease of 35%. In terms of real estate leasing, the rental income in February was approximately RMB 1.071 billion, a year-on-year increase of 1.9%; the cumulative rental income for the first two months was approximately RMB 2.192 billion, a year-on-year increase of 2.67%

Seazen's contract sales in February amounted to 1.223 billion RMB, a year-on-year decrease of 37.6%

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Seazen Subsidiary Settles Cash Offer for 4.5% Senior Notes Due 2026

Tip Ranks

GF CSI All Share Financials ETF

Seazen Subsidiary Settles Cash Offer for 4.5% Senior Notes Due 2026

Seazen Group Ltd. has announced the issuance of US$355 million 11.8% guaranteed senior notes due 2029 by its subsidiary, New Metro Global Limited. This update clarifies a previous typographical error regarding the maturity date, confirming it as 9 March 2029. The offering memorandum has been posted on the Singapore Exchange for regulatory compliance, not as a public offering. The latest analyst rating for Seazen Group Ltd. is a Hold with a price target of HK$2.50.

Seazen Clarifies Details on US$355 Million 2029 Senior Notes Issuance

Seazen Group Ltd. plans to spin off two Wuyue Plaza projects into a new commercial property REIT, leveraging supportive Chinese policies for public real estate investment trusts. This move aims to enhance property operations, optimize capital structure, and strengthen competitiveness by shifting mature assets to a listed income vehicle on the Shanghai Stock Exchange. A dedicated unit has filed the REIT application, which is under review. Seazen Holdings intends to subscribe for at least 34% of the offering, aiming to improve asset efficiency and tap into China's capital markets.

Seazen Group Moves to Spin Off Two Wuyue Plazas into Shanghai-Listed Commercial REIT

Seazen(601155.SH)

In the first quarter, Seazen's contract sales amounted to 3.016 billion RMB, a decrease of 40.9%

Morgan Stanley lowers target prices for some mainland property stocks, expects the industry to remain under pressure in the second quarter

"Performance" Seazen's annual net profit is 393 million RMB, down 19.9%

Seazen's contract sales in February amounted to 1.223 billion RMB, a year-on-year decrease of 37.6%

Seazen Subsidiary Settles Cash Offer for 4.5% Senior Notes Due 2026

Seazen Clarifies Details on US$355 Million 2029 Senior Notes Issuance

Seazen Group Moves to Spin Off Two Wuyue Plazas into Shanghai-Listed Commercial REIT