BUZZ-China Resources Land leads slide among developers as new home prices fall

Reuters
2024-09-16

** Shares of China Resources Land lead slide in Hong Kong-listed Chinese property developers, falling 5% to HK$18.62, lowest since January 2017

** Stock on track to snap a three-sessions rally; second biggest loser in Hang Seng Mainland Properties Index and Hang Seng Index , which are down 3.8% and 0.7%, respectively

** China's new home prices fell 5.3% from a year earlier in August at the fastest pace in more than nine years, official data showed on Saturday, as supportive measures failed to spur a meaningful recovery in the property sector

** Stock of rivals Yuexiu Property down 3.4% and China Overseas Land decline 3.1%

** Shares of smaller rival Sino-Ocean Group drop 12% to HK$0.146, their all-time low since debut in September 2007, after it posted Jan-Aug contracted sales of 22.18 bln yuan ($3.13 bln) as compared to 40.12 bln yuan for Jan-Aug last year

($1 = 7.0930 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10