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Gemdale Corporation (SHSE:600383) Shares Fly 39% But Investors Aren't Buying For Growth
A-share anomaly | gemdale corporation (600383.SH) closed at the daily limit in the afternoon, with a number of heavyweight real estate policies introduced. The company's cash flow turnover is smooth.
Gemdale Corporation (600383.SH) hit the daily limit up in the afternoon. As of the time of publication, it increased by 9.98% to 4.52 yuan, with a turnover of 1.689 billion yuan.
Is Gemdale Corporation (SHSE:600383) Worth CN¥4.1 Based On Its Intrinsic Value?
Gemdale Posts 57% Drop in Contracted Sales in August
Gemdale Corporation (600383.SH): The accumulated contract amount for the company from January to August reached 47.61 billion yuan.
On September 6, Gemdale Corporation (600383.SH) announced that in August 2024, the company achieved a contracted area of 0.374 million square meters and a contracted amount of 5.4 billion yuan. From January to August 2024, the company's accumulated contracted area reached 3.216 million square meters, with a cumulative contracted amount of 47.61 billion yuan.
A-share midday review: Shanghai Composite Index rose 1.34%, Chinext Price Index rose 3%, more than 5000 stocks rose! Consumer electronics sector soared.
The main stock indexes of A-shares rose sharply. As of midday closing, the Shanghai Composite Index rose 1.34% to 2860.89 points, the Shenzhen Component Index rose 2.80%, and the chinext price index rose 3%.
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