New World Developments (017) has announced that the leasing rate of K11 ELYSEA in Shanghai stands at approximately 80%, with tenants including luxury brands such as Hermes and Rolex. Additionally, sales from several K11 projects in mainland China increased during the National Day holiday week. The sales of Shenzhen K11 ECOAST, Wuhan K11, and Guangzhou K11 all saw double-digit year-on-year growth. K11 ELYSEA is located in the heart of Huaihai Road and consists of cultural retail, cultural art spaces, and office space with a total floor area of almost 14 million square feet. The office building portion, K11 ATELIER Huaihai, has an occupancy rate of about 80%, with tenants from finance, legal, consulting, and high-end retail sectors. notable firms settling in include DBS Bank, Singapore Lijing Law Firm, and Marsh Group. Kowloon Peninsula South 5B Phase II sales reached new highs, with a four-bedroom suite with two living rooms and a bathroom on the 36th floor of building 2 under Phase II of Kowloon Peninsula South, with a usable floor area of 129.4 square meters, selling for 65.412 million Hong Kong dollars, achieving a price per square foot of 50,550 Hong Kong dollars. By the end of October this year, more than 96% of the Kowloon Peninsula South series were sold, with a total sales value of over 1.4 billion Hong Kong dollars. K11 MUSEA saw a 26% increase in consumer spending during the National Day holiday period, setting a new record for visitors. The precious jewelry and watch sectors remained key drivers, with the largest single transaction approaching 20 million Hong Kong dollars. Prior to the National Day holiday, the Chinese luxury lifestyle brand ALO made its debut in mainland China at K11 MUSEA, and its first week of sales approached 20 million Hong Kong dollars, setting a new record for K11 MUSEA's non-jewelry and watch categories.