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Shimao Group Reports Preliminary Sales Data for 2024
Shimao Group (00813) accumulated contracted sales of approximately RMB 19.8 billion in the first seven months.
Shimao Group (00813) released an announcement that as of the end of July 31, 2024, the Group's cumulative contracted sales...
Express News | Shimao Group - July Contracted Sales RMB2.72 Bln
Express News | Shimao Group - July Contracted Sales Approximately RMB2.72 Bln
Hong Kong stocks closed (08.09) and the Hang Seng Index rose 1.17%. Autos and mainland real estate stocks rose. The three major operators collectively fell.
The three major Hong Kong stock indices opened high and rose today, the Hang Seng Index successfully recovered the 17,000 mark, and the Heng Seng technology index rose more than 3% at one point. At the close, the Hang Seng Index rose 1.17% or 198.4 points to 17090.23 points.
The real estate sector has two consecutive surges, the China Southern CSI All Share Real Estate ETF and the real estate ETF rose by 2%.
Reducing inventory of existing homes is one of the main focuses of current real estate policies.
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