Chinese property group Seazen at 12-week high on monthly sales growth

Seazen

10/06/2025 03:55

** Shares of Chinese property developer Seazen Group 1030.HK rise 10% to HK$2.3, their highest levels since March 19

** Stock on track for a sixth straight session of gains and set for the biggest one-day pct rise since April 9, if current trend holds

** Seazen stock is top percentage gainer in the index tracking property and construction stocks .HSCIPC, which rose 1.2%

** Co says its contracted sales in May amounted to 1.97 billion yuan ($274.21 million), compared with 1.75 bln yuan contracted sales in April

** Hang Seng Mainland Properties Index .HSMPI surges 2.3%,  Hang Seng Index .HSI gains 0.3%

** YTD, stock up 24.7%

   ($1 = 7.1844 Chinese yuan)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))