BEIJING, Aug. 7 (Xinhua) -- A total of 19 real estate enterprises listed on China's stock bourses (including Hong Kong's stock exchange) by Monday have unveiled their sales performance in the first seven months of the year. Their sales totaled 1.68 trillion yuan during the period, hiking 42.85 percent year on year, the Xinhua-run cnstock.com reported on Tuesday.
Driven by sales, the performance of many listed real estate enterprises in the first half of the year is also relatively promising.
According to the statistics of cnstock.com, as of July 31, of the listed real estate companies on China's A-share market, a total of 56 enterprises had announced semi-annual performance forecasts. Among them, 33 companies are expected to achieve performance growth.
Since the beginning of this year, many listed real estate enterprises such as China Evergrande (03333.HK) and Shimao Property (00813.HK) have successively repurchased their own stocks, with the aim to boost investor confidence and stabilize the stock price, also showing their confidence in their long-term development. (Edited by Hu Pingchao, hupingchao@xinhua.org)
A single purchase
