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A-share Market Movement: Further Easing in Shenzhen's Real Estate Policies Boosts Collective Strength in Property Stocks
Gelonghui, April 30 | Real estate stocks in the A-share market collectively surged. Among them, Jintou City Development, Financial Street, Jing Tou Development, Quzhou Development, and Beichen Industrial achieved a 10CM price limit increase, Wantong Development rose over 8%, Greenland Holdings increased by more than 6%, City Construction Development gained over 5%, while Nandu Property and Zhongzhou Holdings climbed more than 4%. In terms of news, Shenzhen has further optimized its real estate control policies. Regarding purchase restrictions, eligible resident families can buy one additional property within Futian, Nanshan, and Bao'an Xinan Street areas; non-Shenzhen household families with valid residence permits are also allowed to purchase one property in these areas. As for housing provident funds, the maximum loan amount for a family has been raised to 1.3 million yuan.
Zhongzhou Holdings (000042.SZ): Net loss of 66.227 million yuan in the first quarter
Gelonghui, April 30th, reported that Zhongzhou Holdings (000042.SZ) released its Q1 2026 report. During the reporting period, the company achieved operating revenue of 352 million yuan, a year-on-year decrease of 66.44%; net profit attributable to shareholders of the listed company was -66.227 million yuan, compared to 139 million yuan in the same period last year; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was -29.1777 million yuan, compared to 166 million yuan in the same period last year; basic earnings per share were -0.0996 yuan.
Zhongzhou Holdings: First Quarter Report for 2026
Zhongzhou Holdings: 2025 Annual Report
China Zhongzhou Holdings: Summary of the 2025 Annual Report
Shenzhen Investment Secures RMB 800 Million Loan Tied to State-Backed Shareholder Support