RiseSun(SZ:002146) Xin Lang Cai Jing·2025-11-18 03:13Group 1 - The core point of the article highlights the decline in the stock price of Rongsheng Development, which fell by 5.32% to 1.78 CNY per share, with a trading volume of 738 million CNY and a turnover rate of 9.90%, resulting in a total market capitalization of 7.74 billion CNY [1] - Rongsheng Development is primarily engaged in real estate development and sales, with its revenue composition being 87.71% from real estate, 7.99% from property services, 1.98% from hotel operations, 1.56% from industrial parks, and 0.75% from other industries [1] Group 2 - Among the top circulating shareholders of Rongsheng Development, a fund under Southern Fund holds a significant position. The Southern CSI Real Estate ETF Initiated Link A (004642) reduced its holdings by 370,400 shares in the third quarter, now holding 32.93 million shares, which accounts for 0.84% of the circulating shares. The estimated floating loss today is approximately 3.29 million CNY [2] - The Southern CSI Real Estate ETF Initiated Link A (004642) was established on August 24, 2017, with a current scale of 202 million CNY. Year-to-date returns are 11.65%, ranking 3513 out of 4212 in its category, while the one-year return is 2.78%, ranking 3724 out of 3956. Since its inception, it has incurred a loss of 37.78% [2]