China Overseas Property rises to 1-1/2-month high on upbeat H1 results

China Resources Mixc Lifestyle Services

31/08/2022 08:20

** Hong Kong-listed shares of China Overseas Property
Holdings  2669.HK  rise as much as 10.3% to the highest level in
1-1/2 months 
    ** The state-owned property manager says H1 net profit rises
32.7% yoy to HK$521.7 mln ($66.48 mln)  urn:newsml:reuters.com:*:nFWN3061PT
    ** The board declares an interim dividend of HK$0.4 per
share, compared with HK$0.3 last year 
    ** State-owned peer China Resources Mixc Lifestyle Services
 1209.HK  also jumps on H1 results, rising as much as 6.4% to
one-month high  urn:newsml:reuters.com:*:nFWN3061KC
    ** The firm's net profit grows 27.5% to 1 bln yuan ($145.04
mln)    
    ** Property developer China Vanke  2202.HK  rises 6.5% while
Agile Group  3383.HK  gains nearly 8% 
    ** Vanke says H1 net profit rises 10.6% to 12.2 billion
yuan, outperforming many of the peers
    ** Agile H1 net profit drops 55% to 2.4 billion yuan, but it
says it has deposited funds to redeem senior notes due Wed

    ($1 = 7.8474 Hong Kong dollars)
    ($1 = 6.8948 Chinese yuan)

 ((clare.jim@tr.com))