市盈率与厘数梁耀明 - 2005-09-03
当阁下有钱投资时,可供选择的投资工具多的是:住宅楼、商铺、股市、滙市、债券、基金等,要决定投资那(些)项目,便要研究其相对回报及前景。股票市场爱讲市盈率(P/E ratio),铺市就爱讲厘数。对投资者决定把钱投入股市或铺市时,两者的关系便显得重要。一般散户以市盈率衡量该股票是否“抵买”,有投资者认为高P/E代表股价(P)比每股盈利(E)高许多,所以不抵买,但亦有人认为股价持续高企,便显示该股有实力,值得追捧,例子便是2000年时数百倍P/E的科网股仍有人追捧。
铺市的回报率,或厘数,其实是可以化为市盈率的概念去分析,P为铺价,E=盈利(每年租金收入),铜锣湾最旺的启超道,商铺回报只有1.6厘,化为市盈率就是62.5倍,比起只有十多倍P/E的滙丰高出许多。(P/E = 1/厘数,假设铺位等同一只股票,租金收入=100%派息)
许多买铺的投资者,都喜欢选择高息铺,例如某地厂回报有8厘,好像很吸引。换了“市盈率”便得到12.5倍但大家都知地厂升值潜力有限,“市盈率”再上的机会亦微,投资者亦会考虑此因素。因此,某些地区/地段的“市盈率”是长期徘徊在低水平,相反旺角,铜锣湾及尖沙咀的“P/E”就越升越高。
所以以后各位投资买铺,是否应选择高息铺,还是选择“高市盈率”的铺(即低息铺)便由阁下之精明眼光去决定了?(笔者注:套用财务学理论,商铺的(净回报 / 净现值) = 卖出价 – 买入价 + 折现后租金收入。(卖出价 – 买入价)可以市盈概念衡量,而折现后租金收入就用厘数来衡量。所以买铺时,厘数及市盈概念同样要考虑)
上周买卖成交个案
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11.0pt;font-family:新细明体;mso-ascii-font-family:Tahoma;mso-hansi-font-family:
Tahoma;mso-bidi-font-family:Tahoma'>物业地址</span><span lang=EN-US
style='font-size:11.0pt;font-family:Tahoma'><o:p></o:p></span></p>
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<p class=MsoNormal align=center style='text-align:center;line-height:16.0pt;
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11.0pt;font-family:新细明体;mso-ascii-font-family:Tahoma;mso-hansi-font-family:
Tahoma;mso-bidi-font-family:Tahoma'>面积</span><span lang=EN-US
style='font-size:11.0pt;font-family:Tahoma'>(</span><span style='font-size:
11.0pt;font-family:新细明体;mso-ascii-font-family:Tahoma;mso-hansi-font-family:
Tahoma;mso-bidi-font-family:Tahoma'>平方呎</span><span lang=EN-US
style='font-size:11.0pt;font-family:Tahoma'>)<o:p></o:p></span></p>
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<p class=MsoNormal align=center style='text-align:center;line-height:16.0pt;
mso-line-height-rule:exactly;layout-grid-mode:char'><span style='font-size:
11.0pt;font-family:新细明体;mso-ascii-font-family:Tahoma;mso-hansi-font-family:
Tahoma;mso-bidi-font-family:Tahoma'>售价</span><span lang=EN-US
style='font-size:11.0pt;font-family:Tahoma'>(HK$)</span><span lang=EN-US
style='font-size:11.0pt;font-family:Tahoma;mso-fareast-language:ZH-HK'><o:p></o:p></span></p>
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<td width=120 valign=top style='width:90.0pt;border:solid windowtext 1.0pt;
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<p class=MsoNormal align=center style='text-align:center;line-height:16.0pt;
mso-line-height-rule:exactly;layout-grid-mode:char'><span style='font-size:
11.0pt;font-family:新细明体;mso-ascii-font-family:Tahoma;mso-hansi-font-family:
Tahoma;mso-bidi-font-family:Tahoma'>租客</span><span lang=EN-US
style='font-size:11.0pt;font-family:Tahoma'><o:p></o:p></span></p>
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<td width=88 valign=top style='width:66.0pt;border:solid windowtext 1.0pt;
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<p class=MsoNormal align=center style='text-align:center;line-height:16.0pt;
mso-line-height-rule:exactly;layout-grid-mode:char'><span style='font-size:
11.0pt;font-family:新细明体;mso-ascii-font-family:Tahoma;mso-hansi-font-family:
Tahoma;mso-bidi-font-family:Tahoma'>回报率</span><span lang=EN-US
style='font-size:11.0pt;font-family:Tahoma'>(%)<o:p></o:p></span></p>
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<tr style='mso-yfti-irow:1'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>香港</span><span style='font-size:
11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>北角渣华道<span lang=EN-US>21号地下<o:p></o:p></span></span></p>
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<td width=104 style='width:78.0pt;border-top:none;border-left:none;
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<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>3,820<o:p></o:p></span></p>
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<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
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solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体;mso-bidi-font-family:Tahoma'>1600</span><span
style='font-size:11.0pt;font-family:新细明体'>万</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'><o:p></o:p></span></p>
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<td width=120 style='width:90.0pt;border-top:none;border-left:none;
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mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>多个租客<span
lang=EN-US><o:p></o:p></span></span></p>
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<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
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solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体;mso-bidi-font-family:Tahoma;mso-fareast-language:ZH-HK'>5.0<o:p></o:p></span></p>
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<tr style='mso-yfti-irow:2'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>香港中环威灵顿街<span lang=EN-US>10号地下及四楼<o:p></o:p></span></span></p>
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<td width=104 style='width:78.0pt;border-top:none;border-left:none;
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<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>1,320<o:p></o:p></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
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solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>3000万<o:p></o:p></span></p>
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<td width=120 style='width:90.0pt;border-top:none;border-left:none;
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<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
lang=EN-US style='font-size:11.0pt;font-family:新细明体'>G-STAR水晶<o:p></o:p></span></p>
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<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
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solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>3.4<o:p></o:p></span></p>
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</tr>
<tr style='mso-yfti-irow:3'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>香港湾仔大王东街<span lang=EN-US>6-14号地下12号铺连阁<o:p></o:p></span></span></p>
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<td width=104 style='width:78.0pt;border-top:none;border-left:none;
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<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>1,130<o:p></o:p></span></p>
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<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
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solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>1330万<o:p></o:p></span></p>
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<td width=120 style='width:90.0pt;border-top:none;border-left:none;
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<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>交吉<span lang=EN-US><o:p></o:p></span></span></p>
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<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
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solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>-<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:4'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>九龙尖沙咀加连威老道<span lang=EN-US>41号1楼A,
B室<o:p></o:p></span></span></p>
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<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
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mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约<span lang=EN-US>2,500<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>900万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
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mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>时装店<span lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>6.2<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:5'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>九龙尖沙咀加连威老道<span lang=EN-US>14号1/F A铺<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
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mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约<span lang=EN-US>1,300<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
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solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>300万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
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<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>零售<span lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
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solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>-<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:6'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>九龙旺角弼街<span lang=EN-US>60号地下C1-C3铺<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约<span lang=EN-US>600<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>1950万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>宠物店,找换,面包<span lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>5.5<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:7'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>九龙旺角通菜街<span lang=EN-US>107号地下连阁楼<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约<span lang=EN-US>2,400<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>2300万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>图书散货<span lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>5.4<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:8'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>九龙佐敦佐敦道<span lang=EN-US>19-21号2楼全层<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约<span lang=EN-US>4,000<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>900万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>交吉<span lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>-<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:9'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>九龙</span><span style='font-size:
11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>深水埗汝州街<span lang=EN-US>265号地下<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>1,000<o:p></o:p></span></p>
</td> <td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体;mso-bidi-font-family:Tahoma'>1200</span><span
style='font-size:11.0pt;font-family:新细明体'>万</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'><o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>交吉<span
lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体;mso-bidi-font-family:Tahoma;mso-fareast-language:ZH-HK'>-<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:10'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>九龙深水埗鸭寮街<span lang=EN-US>159号地下<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>800<o:p></o:p></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>1070万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>交吉<span lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>-<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:11'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>九龙深水埗基隆街<span lang=EN-US>169号地下<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约<span lang=EN-US>900<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>1130万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>布行<span lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>6.7<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:12'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>九龙九龙城南角道<span
lang=EN-US>50号地下<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>1,000<o:p></o:p></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体;mso-bidi-font-family:Tahoma'>497</span><span
style='font-size:11.0pt;font-family:新细明体'>万</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'><o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>交吉<span
lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体;mso-bidi-font-family:Tahoma;mso-fareast-language:ZH-HK'>-<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:13'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>九龙九龙城石荫路<span lang=EN-US>61-83号地下2号铺<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约<span lang=EN-US>600<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>540万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>台式食品<span lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>4.4<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:14'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>九龙土瓜湾落山道<span lang=EN-US>3-7号地下入口及一楼<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约<span lang=EN-US>4,900<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>850万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>护老院<span lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>8.2<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:15'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>九龙土瓜湾新柳街<span lang=EN-US>4号地下<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约<span lang=EN-US>1,100<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>373万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>地板<span lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>5.4<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:16'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>新界荃湾沙咀道<span lang=EN-US>283号地下<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约<span lang=EN-US>2,000<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>2220万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
lang=EN-US style='font-size:11.0pt;font-family:新细明体'>HANG TEN<o:p></o:p></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>5.4<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:17'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>新界大围村南道<span lang=EN-US>1-39号地下3号铺<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约<span lang=EN-US>400<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>446万<o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>找换<span lang=EN-US> / 散货<o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体'>-<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:18'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>新界屯门仁爱街<span
lang=EN-US>1-43号地下及一楼连平台<o:p></o:p></span></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>约</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>20,400<o:p></o:p></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体;mso-bidi-font-family:Tahoma'>1700</span><span
style='font-size:11.0pt;font-family:新细明体'>万</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'><o:p></o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体'>护老院</span><span lang=EN-US
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'><o:p></o:p></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体;mso-bidi-font-family:Tahoma'>7.8<o:p></o:p></span></p>
</td>
</tr>
<tr style='mso-yfti-irow:19;mso-yfti-lastrow:yes'>
<td width=352 style='width:264.0pt;border:solid windowtext 1.0pt;border-top:
none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt;
padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
lang=EN-US style='font-size:11.0pt;font-family:Tahoma'><o:p> </o:p></span></p>
</td>
<td width=104 style='width:78.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
lang=EN-US style='font-size:11.0pt;font-family:Tahoma'><o:p> </o:p></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:Tahoma'><o:p> </o:p></span></p>
</td>
<td width=120 style='width:90.0pt;border-top:none;border-left:none;
border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;
mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;
mso-border-alt:solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal style='line-height:16.0pt;mso-line-height-rule:exactly'><span
style='font-size:11.0pt;font-family:新细明体;mso-bidi-font-family:Tahoma'>平均回报率<span
lang=EN-US><o:p></o:p></span></span></p>
</td>
<td width=88 style='width:66.0pt;border-top:none;border-left:none;border-bottom:
solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;mso-border-top-alt:
solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:
solid windowtext .5pt;padding:0cm 5.4pt 0cm 5.4pt'>
<p class=MsoNormal align=right style='text-align:right;line-height:16.0pt;
mso-line-height-rule:exactly'><span lang=EN-US style='font-size:11.0pt;
font-family:新细明体;mso-bidi-font-family:Tahoma'>5.8<o:p></o:p></span></p>
</td>
</tr>
</table>