The following factors highlight the continued insufficiency of demand: The real estate sector is still undergoing a deep adjustment. In the first half of the year, efforts to reduce local government debt and financial sector inefficiencies resulted in insufficient physical investment by the government. Residents' e...
According to the performance forecast released by China Vanke$CHINA VANKE(02202.HK)$, the company expects a net loss of 7 to 9 billion yuan for the current period, compared to a net profit of 9.87 billion yuan in the same period last year. After excluding non-recurring gains and losses, Vanke anticipates a net loss of 5 to 6.5 billion yuan. The increased losses compared to the first quarter are attributed to a decline in settlement profits from real estate projects and the company's intensif...
Electric car stocks $LI AUTO-W(02015.HK)$ , $NIO-SW(09866.HK)$ and $XPENG-W(09868.HK)$ opened lifting 2.5% to 3.6%, while $BYD COMPANY(01211.HK)$ opened di...
The real estate sector is still undergoing a deep adjustment.
In the first half of the year, efforts to reduce local government debt and financial sector inefficiencies resulted in insufficient physical investment by the government.
Residents' e...
The increased losses compared to the first quarter are attributed to a decline in settlement profits from real estate projects and the company's intensif...
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