On August 18, RADIANCE HLDGS rose 8.48% in regular trading, trading at HKD 1.205/share, with turnover of HKD 133 million.

On the news front, the company issued a positive profit alert on August 13, forecasting first-half net profit attributable to shareholders of no more than RMB 90 million, compared with a loss of approximately RMB 230 million in the same period last year, marking a turnaround from loss to profit. The expected profitability is primarily driven by higher gross margins on settled projects and the reversal of previously provisioned inventory impairments, while fair value losses on investment properties narrowed year-over-year. Additionally, Beijing's early-August relaxation of property purchase restrictions has provided further support to the domestic property sector.

Within the Real Estate Development sector, RADIANCE HLDGS significantly outperformed peers. Among sector constituents, CHINA OVERSEAS up 2.68%, CHINA RES LAND up 1.06%, CK ASSET down 1.18%, HENDERSON LAND down 0.07%, SUNAC down 0.9%.

(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.)