Core Viewpoint - R&F Properties (02777) is experiencing significant stock price decline due to a profit warning, indicating a worsening financial outlook amid a struggling real estate market in China [1] Group 1: Financial Performance - The company expects to report a net loss of approximately RMB 4.08 billion for the six months ending June 30, 2025, compared to a net loss of RMB 2.33 billion for the same period in 2024 [1] - The anticipated net loss is primarily attributed to the ongoing downturn in the Chinese real estate sector, which has led to decreased revenue and gross profit from property development [1] Group 2: Market Reaction - R&F Properties' stock price fell nearly 5% at one point, and as of the report, it was down 3.61%, trading at HKD 0.8 with a transaction volume of HKD 27.36 million [1]
富力地产一度跌近5% 今日将发中期业绩 预计上半年亏损扩至40.8亿元