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ZHONGLIANG HLDG: INTERIM REPORT 2024
Zhongliang Holdings Group Records Contracted Sales of 1.30 Billion Yuan in August
zhongliang hldg (02772.HK) cumulative contracted sales amount from January to August is approximately 12.32 billion yuan
On September 6th, GeLonghui announced that from January to August 2024, the group's cumulative contracted sales (including the contracted sales of joint ventures and associates) amounted to approximately RMB 12.32 billion, with a cumulative contracted sales area of approximately 1,175,000 square meters. The average contracted sales price from January to August 2024 was approximately RMB 10,500 per square meter. In August 2024, the group's contracted sales (including the contracted sales of joint ventures and associates) amounted to approximately RMB 1.3 billion, with a contracted sales area of approximately 130,000 square meters. The group's sales in 2024
The trends of the three major Hong Kong stock indices are divergent, with the real estate and insurance sectors performing well.
Why did Dazhong Transportation Co.,Ltd. surge significantly today? Is the southbound capital outflow continuing?
Mainland real estate stocks experienced a significant decline. Net profits of real estate companies in the first half of the year declined significantly. Top 100 real estate companies continued to see sales decline in August.
Mainland real estate stocks plummeted in early trading. As of press time, C&D Intl Group (01908) fell 8.24%, closing at HKD 11.58; Zhongliang Hldg (02772) fell 6.45%, closing at HKD 0.087; Sino-ocean Gp (03377) fell 3.64%, closing at HKD 0.265.
Mainland real estate rebounds. Greentown China (03900) rose 5.82%. Institutions indicate signs of stabilization in the inventory turnover cycle in first-tier cities.
Gold Men's Financial News | Mainland real estate stocks rebounded, Zhongliang Holdings (02772) rose 7.23%, Greentown China (03900) rose 5.82%, Seazen (01030) rose 5.41%, CIFI Holdings Group (00884) rose 4.64%, and Sunac (01918) rose 4.3%. China Post Securities stated that the year-on-year decrease in new home transactions continues to narrow, and there are signs of stabilization in the inventory turnover cycle of first-tier cities. The bank believes that future real estate developers will be more accurate and cautious in their project launches, and investment in land acquisition will be further refined from focusing on cities to focusing on projects. Currently, there are pilot housing retirement funds and other systems in 22 cities.
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