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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.
JAPAN KYOSEI: Interim Report 2024
Japan Kyosei Group Delays Transaction Circular
JAPAN KYOSEI: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Japanese Kyosei (00627.HK) is expected to continue to lose 0.29 billion to 0.32 billion RMB in the first half of the year.
Japan Symbiosis (00627.HK) issued a profit warning, expecting a net loss between 0.29 billion and 0.32 billion RMB for the six months ending in June (the same below), compared to a recorded 0.343 billion RMB in the same period last year. The loss is mainly due to an estimated total loss of no less than 61 million RMB, including a property impairment loss of 58 million RMB; an expected impairment loss of 51 million RMB on receivables; and financing costs of approximately 0.184 billion RMB.
Japan Kyosei Group Forecasts Narrower H1 Losses
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