Core Viewpoint - R&F Properties (02777) is experiencing significant stock price decline due to a profit warning announcement, indicating a worsening financial outlook for the company amid a struggling real estate market in China [1] Company Summary - R&F Properties' stock price fell nearly 5%, closing down 3.61% at HKD 0.8, with a trading volume of HKD 27.36 million [1] - The company issued a profit warning, projecting 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] Industry Summary - The Chinese real estate industry continues to face challenges, contributing to declining revenues for companies like R&F Properties [1]
港股异动 | 富力地产(02777)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