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China New City Commercial Development Ltd ( (HK:1321) ) has provided an update.
China New City Group Limited reported a significant decline in its financial performance for the first half of 2025, with revenue dropping by 87.5% and a shift from profit to loss compared to the same period in 2024. The company’s gross profit plummeted by 95.1%, and it recorded a net loss attributable to shareholders, indicating challenging market conditions and potential impacts on its financial stability.
The most recent analyst rating on (HK:1321) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on China New City Commercial Development Ltd stock, see the HK:1321 Stock Forecast page.
More about China New City Commercial Development Ltd
China New City Group Limited, incorporated in the Cayman Islands, operates in the commercial development sector. The company focuses on property development and management, primarily catering to urban commercial projects in China.
Average Trading Volume: 834,754
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.71B
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