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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.
GREAT CHI HLDGS: INTERIM REPORT 2024
Performance: Great Chi Hldgs (00021.HK) reported a net profit of 8.12 million yuan for the first half of the year, a decrease of 71% and no dividend will be distributed.
Great Chi Holdings (00021.HK) announced its interim performance for the six months ending in June, with a revenue of 5.18 million yuan, a year-on-year decrease of 72.3%. Recording a net profit of 8.12 million yuan, a retreat of 71.1%, and earnings per share of 0.2 cents. No interim dividend will be distributed.
Great Chi Hldgs (00021) announced its interim results with a net profit of HKD 8.121 million, a decrease of 71.06% compared to the same period last year.
Great Chi Hldgs (00021) announced its mid-term performance in 2024, with a profit of 5.18 million Hong Kong dollars, a decrease of about 72% year-on-year...
GREAT CHI HLDGS: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Great Chi Holdings (00021.HK) is expected to have a decline in net profit in its latest interim report, with a maximum profit of 9 million yuan in six months according to Profit Alert.
Great Chi Holdings (00021.HK) issued a profit warning, expecting a profit of 8 to 9 million yuan for the six months ending in June, a decrease from the 28.06 million yuan recorded in the same period last year. The decrease in profit is mainly due to a 70%-75% reduction in revenue and a decrease in exchange gains recorded for financial liabilities.
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