Movement Alert|C&D International Rises 9.34% in Regular Trading, HK-Listed Mainland Property Stocks Rally Broadly

Market Focus
May 29

On May 29, C&D International Investment Group rose 9.34% in regular trading, trading at HKD 16.27 per share, with trading volume of HKD 51.97 million.

On the news front, the HK-listed mainland property sector staged a broad-based rally, with Country Garden surging 26.79%, Sunac climbing 16.85%, and China Vanke gaining 12.60%, reflecting strong sector-wide momentum.

On fundamentals, C&D International has been advancing its premiumization strategy in recent years. Average selling price rose 18.3% year-over-year to approximately RMB 24,600 per square meter, while overall gross margin recovered to 13.9%. The company invested approximately RMB 65.4 billion in land acquisitions during the year, up 17.6% year-over-year, focusing on replenishing reserves in core cities including Hangzhou, Shanghai, and Beijing. Its strategic shift away from low-price projects toward upgrade-oriented products is gradually improving its profit structure.

(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.)

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