On August 31, CHINA OVERSEAS fell 4.34% in regular trading, trading at HK$13.44/share, with turnover of HK$286 million, extending losses after its mid-week decline of 2.47%.

The continued sell-off follows the company's H1 interim results released on August 26, which showed a mixed picture: revenue rose 17.3% year-over-year to RMB 97.6 billion, but attributable profit fell 18.2% to RMB 7.03 billion. Gross margin declined 1.3 percentage points to 16.1%, while associate and joint venture contributions also weakened. Core net profit dropped 9.7% to RMB 7.93 billion. Although multiple brokerages maintained bullish ratings — with Huatai Securities reiterating a Buy rating citing high-return projects entering settlement in H2, and CICC raising earnings forecasts by 3-5% — profit-taking pressure persists.

Within the Real Estate Development sector, broad weakness is evident. Henderson Land fell 6.28%, China Jinmao declined 6.69%, and China Resources Land dropped 2.83%, reflecting continued investor caution toward the property sector amid traditional off-season dynamics heading into September.

(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.)