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China res land (01109.HK) held a board of directors meeting on August 27 to consider and approve the interim performance.
China Res Land (01109.HK) announced on August 9th that the board of directors' meeting will be held on August 27th, 2024 (Tuesday) to consider and approve the company and its subsidiary's mid-year performance results until June 30th, 2024, and to consider declaring a mid-year dividend (if any).
DATE OF BOARD MEETING
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.
The central government supports the real estate industry to accelerate destocking and the industry will rebound significantly with multiple supports.
Recently, the real estate industry has gradually shown bullish signals, providing logical support for a new round of real estate cycle.
GTJA: Real estate industry still focused on destocking, suggesting balanced allocation.
GTJA Securities released a research report stating that from January to July 2024, the scale of land acquisition by real estate companies continued to shrink significantly year-on-year, reflecting a further increase in the concentration of central and state-owned enterprises.
Hong Kong Shares Rise, Tracking Wall Street Rebound -- Market Talk
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