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Many real estate stocks surged by over 60%! On the first day of the new policies in Beijing, Shanghai, Guangzhou, and Shenzhen, some people even "bought houses in the air" overnight!
After the opening of the Hong Kong stock market, the real estate sector has the highest increase, with more than several individual stocks still rising by over 60% as of the time of writing.
COSMOPOL INT'L: 2024 INTERIM REPORT
The Stock Exchange of Shanghai and the Stock Exchange of Shenzhen: 33 shares will be included in the Hong Kong Stock Connect symbol from today.
The Shanghai Stock Exchange and Shenzhen Stock Exchange have announced that 33 stocks have been included in the list of Hong Kong stocks eligible for trading through the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect starting today.
Regal Hotels International Holdings' Subsidiary Agrees to Amend Terms of 2016 Loan Facility
COSMOPOL INT'L: ANNOUNCEMENT OF 2024 INTERIM RESULTS
Cosmopol Int'l (00120.HK) announced that the loss in the first half of the year expanded to 0.169 billion yuan.
Cosmopol Int'l (00120.HK) issued a profit warning, expecting a net loss of 0.169 billion yuan for the six months ending in June, compared to a recorded profit of 98.3 million yuan in the same period of 2023. The increase in losses was mainly due to the revision of the development cost allocation criteria adopted by the group's Mainland properties project in past years and the tax expenses collected. On the other hand, due to the weak real estate market, the profit contribution from the sales of two development projects located in Chengdu and Tianjin was relatively less.
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