HUSEAZN@EC2704A

CCOE

STARCOIN GROUP

ONEFORCE HLDGS

ROYAL DELUXE

STELUX HOLDINGS

TE HEALTHCARE

ASIAPAC FIN INV

WELIFE TECH

DRINDA

TIMELESS

512200

159940

159768

601155

159707

01030

515060

Seazen Group proposed issuance of USD denominated guaranteed senior notes by New Metro Global

marketscreener

China Southern CSI All Share Real Estate ETF

GF CSI All Share Financials ETF

Yinhua CSI Interior Real Estate Theme ETF

Seazen

Hwabao WP CSI 800 Real Estate ETF

SEAZEN

ChinaAMC CSI All Share Real Estate ETF

Seazen Group proposed issuance of USD denominated guaranteed senior notes by New Metro Global

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JP Morgan released investment ratings for domestic property and property management stocks, as follows: For domestic property stocks, CHINA RES LAND, CHINA OVERSEAS, CHINA JINMAO, LONGFOR GROUP, and SEAZEN are rated as overweight; CHINA VANKE is rated as underweight, while COUNTRY GARDEN, Sunac China, and SHIMAO GROUP are rated as underweight. For property management stocks, CHINA RES MIXC is rated as overweight, CHINA OVS PPT and POLY PPT SER are rated as underweight, GREENTOWN SER is rated as overweight, CG SERVICES is rated as neutral, and A-LIVING and SUNAC SERVICES are rated as underweight

AASTOCKS

GREENTOWN SER

SHIMAO GROUP

CHINA JINMAO

CHINA RES MIXC

CHINA RES LAND

CG SERVICES

CH OVS G OCEANS

Sunac China

LONGFOR GROUP

SHIMAO SERVICES

COUNTRY GARDEN

CHINA VANKE

CHINA OVERSEAS

SUNAC SERVICES

CHINA OVS PPT

POLY PPT SER

A-LIVING

JP Morgan's Investment Ratings on Property and Property Management Stocks (Table)

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HSBC's research report points out that Shanghai's relaxation of home purchase restrictions and increased support for housing provident funds will help boost market confidence and is expected to drive the real estate market towards stabilization. The bank prefers China Resources Land, C&D International Group, and Seazen, all of which are given a "Buy" rating, with target prices of 39 yuan, 20.1 yuan, and 2.4 yuan, respectively. At the same time, China Overseas Land & Investment is also worth attention, given a "Hold" rating with a target price of 14.7 yuan

C&D INTL GROUP

HSBC Research: The easing of measures in Shanghai's real estate market will help boost market confidence, preferring RunDi, C&D International Group, and Seazen

Seazen Group Ltd. has announced that its subsidiary, New Metro Global Limited, is making a cash offer to purchase its outstanding 4.5% guaranteed senior notes due May 2026. This announcement is part of a regulatory disclosure in Hong Kong, ensuring compliance with local listing rules. The company clarifies that this offer does not constitute a public offering or investment solicitation. The latest analyst rating for Seazen Group Ltd. is a Hold with a price target of HK$2.50.

Tip Ranks

Seazen Subsidiary Launches Cash Offer for 2026 Senior Notes

Seazen Group Ltd. has announced that its subsidiary, New Metro Global Limited, is launching a cash tender offer for its 11.88% guaranteed senior notes due September 2027. This announcement, made in Hong Kong, is intended to inform investors and emphasizes compliance with cross-border securities regulations. The notes are not registered in the U.S. and cannot be sold there except under exemptions. The company is managing its offshore debt while adhering to Hong Kong listing rules. The latest analyst rating for Seazen Group Ltd. is a Hold with a price target of HK$2.50.

Seazen Subsidiary Launches Cash Tender Offer for 2027 Senior Notes

Seazen Group Completes Stock Offering, Raising HK$469 Million in Net Proceeds

Seazen Group Completes Stock Offering, Raising HK$469 Million in Net Proceeds

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Vanke's stock price rose nearly 5% as the Shenzhen municipal government is planning a rescue plan of RMB 80 billion, including a RMB 20 billion stock placement, to avoid default. UBS pointed out that this funding is sufficient to cover Vanke's publicly traded bonds. Policy support measures have increased, which may have a positive impact on LONGFOR GROUP and SEAZEN. Key indicators such as the rental price index in first-tier cities show the state of underlying demand, which, although still declining, is seeing a narrowing of the decline

Vanke

Vanke rises nearly 50% as reports indicate that the Shenzhen municipal government is planning an RMB 80 billion rescue plan

Seazen Group Limited has completed a placing of existing shares and a top-up subscription of new shares under a general mandate, finalized on February 9 and 11, 2026, respectively. The securities are unregistered under the U.S. Securities Act of 1933 and cannot be offered or sold in the U.S. without registration or an exemption. The company does not plan to conduct a public offering of these securities in the U.S.

Reuters

Seazen Group Completes Unregistered Share Sale and Top-Up Subscription

Seazen Holdings announced that in January, together with its subsidiaries, it achieved a contract sales amount of RMB 714 million, a year-on-year decrease of 29.8%; the contract sales area was 147,800 square meters. During the month, rental income was RMB 1.12 billion, a year-on-year increase of 3.3%

In January, SEAZEN's contract sales were 714 million yuan, a decrease of 29.8%

HSBC Research has lowered the target price for SEAZEN to HKD 3.2, believing that its share placement is a tactical move that may pave the way for potential US dollar bond refinancing. Despite liquidity pressure becoming a focus again, HSBC holds a positive view on SEAZEN's reduction in real estate development business and diversification of financing channels, maintaining a "Buy" rating. SEAZEN has placed 198 million new shares at HKD 2.39 per share, raising approximately HKD 473 million. The bank believes the market may have overlooked the strategic intent of the share placement, viewing it as a demonstration of SEAZEN's ability to acquire equity capital

The research report from "Major Banks" has lowered the target price for SEAZEN to 3.2 yuan, stating that the share placement is a tactical preparation

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XXF(02473) fell 14.35%, with a trading turnover 796.8 Million HKD, and a year-to-date fell 74.6%. TIANQI LITHIUM(09696) fell 13.33%, with a trading turnover 585.6 Million HKD, and a year-to-date fell 16%. SEAZEN(01030) fell 13.17%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 19%.

HUSEAZN@EC2704A(25887.HK)

Seazen Group proposed issuance of USD denominated guaranteed senior notes by New Metro Global

JP Morgan's Investment Ratings on Property and Property Management Stocks (Table)

HSBC Research: The easing of measures in Shanghai's real estate market will help boost market confidence, preferring RunDi, C&D International Group, and Seazen

Seazen Subsidiary Launches Cash Offer for 2026 Senior Notes

Seazen Subsidiary Launches Cash Tender Offer for 2027 Senior Notes