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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.
Contemporary China (01107.HK) delays mid-term performance until 2024.
Contemporary China (01107.HK) announced that due to the pending publication and distribution of the financial performance and annual report of the 2023 fiscal year, the interim performance as of June 2024 cannot be published. The company stated that it will announce the progress of the aforementioned report as soon as appropriate. The trading of the company's shares will continue to be suspended until further notice.
MODERN LAND: DELAY IN PUBLICATION OF INTERIM RESULTS AND DESPATCH OFINTERIM REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2024 ANDCONTINUED SUSPENSION OF TRADING
Modern Land Clarifies Securities Offering Stance
Express News | Modern land: unable to determine the time of expected publication of the 2023 annual performance.
Modern Land (01107.HK) has received resumption guidance from the Hong Kong Stock Exchange.
On June 27th, GeLongHui reported that Modern Land (01107.HK) received a letter from the Stock Exchange on June 20, 2024, which details the following guidelines for resuming trading of company shares ("resumption guidelines"): (a) publish all financial performance that has not been published and handle any audit revisions; (b) prove that the company has complied with Rule 13.24 of the listing rules; and (c) disclose all significant information for the company's shareholders and other investors to assess the company's condition. In addition, after changing its auditor in April 2024, the company's new auditor, Ernst & Young, has launched its 2023 audit.
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