On August 28, CHINA RES LAND rose 3.07% in regular trading, trading at 34.98 HKD/share, with turnover of approximately HKD 170 million. The rally was driven by the company's board meeting held on the same day to review interim results for the six months ended June 30 and to consider declaring an interim dividend.

The company previously disclosed strong first-half operational data: cumulative contracted sales of approximately RMB 116.5 billion, up 5.6% year over year; recurring revenue of approximately RMB 26.47 billion, up 7.6% year over year, with investment property rental income reaching approximately RMB 17.87 billion, representing a 12.6% year-over-year increase. In July, contracted sales reached RMB 14.1 billion, maintaining a 6% growth trajectory.

The move was further supported by multiple cities recently releasing new property policies ahead of the traditional peak season, with institutions broadly optimistic about bottom valuation recovery for the mainland property sector. Within the Real Estate Development sector, SUNAC rose 4.92%, CHINA OVERSEAS gained 2.89%, GREENTOWN CHINA advanced 1.7%, while CK ASSET edged down 0.69%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)