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Gemdale to Provide 250 Million Yuan Guarantee for 500 Million Yuan Project Loan; Shares Down 3%
Gemdale (SHSE:600383) Stock Falls 3.0% in Past Week as Five-year Earnings and Shareholder Returns Continue Downward Trend
2024 Interim Performance Forecast
Express News | Gemdale Says It Sees H1 Net Loss at 3-3.6 Bln Yuan
Stock market anomaly | Gemdale Corporation (600383.SH) rose nearly 6%, with sales of 36.11 billion yuan in the first half of the year, and the real estate market continued to improve.
According to the Zhito Financial App, Gemdale Corporation (600383.SH) rose nearly 6%. As of press time, it has risen by 5.88% to 3.6 yuan with a turnover of 531 million yuan. In terms of news, the China Index Research Institute recently released the list of sales performance rankings for Chinese real estate companies in the first half of 2024, in which Gemdale Corporation achieved a sales revenue of 36.11 billion yuan and a sales area of 2.124 million square meters from January to June. Ping An Securities pointed out that the real estate market has continued to improve in the past two weeks, and there is a possibility of turning positive on a year-on-year basis for new home sales in key cities with a low base in July. In addition, the important policy window period in July, and the accelerated implementation of new policies and land acquisition make it worthwhile
According to Zhongzhi Research Institute, the total sales amount of the top 100 real estate developers in the first half of the year was RMB 2083.47 billion, a year-on-year decrease of 41.6%.
China Real Estate Research Institute released the sales performance ranking of Chinese real estate companies in the first half of 2024.
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