On September 11, CHINA OVERSEAS fell 3.13% in regular trading, trading at HK$12.38/share, with turnover of approximately HK$84.29 million. The decline came as the broader Hong Kong-listed property sector sold off sharply amid rising global interest rate expectations.

On the news front, strong US August PPI data pushed the probability of a Fed rate hike next week to nearly 70%, with the US 10-year Treasury yield approaching the 5% mark. The surge in borrowing cost expectations weighed heavily on rate-sensitive real estate stocks. Across the sector, SUNAC dropped 6.09%, CHINA RES LAND fell 4.01%, LONGFOR GROUP declined 4.34%, HENDERSON LAND slipped 2.24%, and CK ASSET edged down 0.84%.

Separately, the company recently reported August contracted sales of approximately RMB 15.98 billion, down 12.8% year-over-year, with sales area declining 42.4%, marking a notable slowdown from July. Cumulative January-to-August contracted sales stood at RMB 165.45 billion, still up 10.1% year-over-year, though growth momentum has moderated at the margin.

(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.)