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Announcement highlights | Insurers have raised their shareholding in brokerage stocks for the first time in nearly 5 years! New China Life Insurance has increased its shareholding in Haitong Sec; Meitu has liquidated its cryptos for a profit of nearly 80
In November, Country Garden achieved a contract sales amount of approximately 3.01 billion yuan attributable to the company's shareholders; chinares pharma's pharmaceutical commerce can issue a total of 15 billion yuan in asset-backed notes in installments.
Hong Kong stocks morning report on December 5: Most china concept stocks fell, Meitu cleared its crypto profits of about 0.571 billion yuan.
The latest Beige Book survey from the Federal Reserve shows a slight increase in economic activity in November. Federal Reserve Chairman Powell stated that the Fed can remain cautious when looking for the neutral interest rate. President Trump selected digital assets advocate Paul Atkins to be the chairman of the U.S. Securities and Exchange Commission, causing a surge in cryptocurrencies and related stocks. The three major U.S. stock indexes hit record highs on Wednesday, while most popular China concept stocks fell.
XIWANG PROPERTY: Interim Report 2024
Xiwang Property Reports First-Half 2024 Losses
Xiwang Property (02088.HK): Shareholders' attributable loss in the first half of the year was 1.839 million yuan.
On August 26, Xiwang Property (02088.HK) announced that for the six months ended June 30, 2024, the revenue reached RMB 1.392 million, a decrease of 86.5% compared to the same period last year; the gross profit was RMB 0.776 million, an increase of 11% compared to the same period last year; the loss attributable to owners of the company was RMB 1.839 million, compared to RMB 1.923 million in the same period last year; and the basic earnings per share was RMB 0.1.
XIWANG PROPERTY: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024