On August 12, CHINA OVERSEAS rose 4.94% in regular trading, trading at HK$13.85/share, with turnover of HK$204 million. The rally was driven by Beijing's latest policy measures to stabilize the property market, triggering a broad sector rally, combined with the company's robust sales performance.

On the policy front, Beijing recently introduced new measures to support the real estate market, sparking a sector-wide surge among mainland property developers listed in Hong Kong. China Jinmao gained 12.45%, Sunac rose 8.04%, and China Resources Land climbed 6.66%, reflecting significant sector linkage.

On the fundamental side, CHINA OVERSEAS reported July contracted sales of approximately RMB 15.1 billion, surging 28% year-over-year, while cumulative January-to-July sales reached RMB 1,494.70 billion, up 13.2% YoY. The company also recently secured a prime Beijing residential land parcel in Chaoyang District for RMB 8.4 billion. Additionally, the board is scheduled to review interim results and consider an interim dividend on August 26, further boosting market expectations.

(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.)