GUANGSHEN RAIL (00525) surged over 8% again, with cumulative gains exceeding 30% following its earnings release. As of press time, the stock was up 7.5% to HK$2.58, with trading volume reaching HK$61.1232 million.

On the news front, GUANGSHEN RAIL previously released its interim results, showing revenue of RMB 13.969 billion for the first half of the year, up 8.08% year-on-year. Net profit attributable to shareholders reached RMB 1.109 billion, representing a 21.55% year-on-year increase.

Market analysis indicates that the company's strong profit growth in the first half was driven by several factors: higher unit prices for freight network settlement services; increased cross-border high-speed rail services to meet Greater Bay Area connectivity demand; and RMB 80 million in government-related subsidies recorded during the period.

The company's performance shows that the addition of higher-margin long-distance cross-border high-speed rail routes drove long-distance service revenue growth. The company added one pair of Zhangjiajie to Hong Kong West Kowloon high-speed rail services in the second half of 2024, and will launch one pair of Wuhan to Hong Kong West Kowloon high-speed rail services in 2025.

Additionally, Shenzhen has released optimized real estate policy measures. Market observers previously noted that the trend of Hong Kong residents purchasing properties in the Greater Bay Area will continue to strengthen. As more Hong Kong residents experience "northbound consumption" and personally witness the benefits of living in the Greater Bay Area, this will become the primary driver for property purchases.