Sino-Ocean Group's share price and EPS drop, along with halted dividends, suggest unresolved issues. Market jitters may impact performance, but long-term share price weakness could be a bad sign. Contrarian investors might see a turnaround opportunity.
Chinese property developer$COUNTRY GARDEN (02007.HK)$closed flat at $0.73 after reports that another US$15 million of interest on its overseas bonds is due.$SINO-OCEAN GP (03377.HK)$leaped 4.8% after a proposed grace period for interest payment on subordinated bonds of its subsidiary was extended to mid-December.$EVERGRANDE (03333.HK)$shot up 3.6% after midday.$EVERG VEHICLE (00708.HK)$jumped up nearly 39%.
Despite a share price surge and upbeat growth forecasts, the company's low P/S ratio suggests potential major risk factors. Persistent revenue declines indicate shareholders are accepting lower selling prices, and the optimistic future revenue growth forecast outpacing the broader industry hasn't managed to boost the company’s P/S.
HK Tech and Internet Stocks HK Tech and Internet Stocks
Stocks of companies primarily involved in technology and internet sectors in the HK stock market.Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in HK Tech and Internet Stocks, ranked from highest to lowest based on real-time market data. Stocks of companies primarily involved in technology and internet sectors in the HK stock market.Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in HK Tech and Internet Stocks, ranked from highest to lowest based on real-time market data.
Venture118 : Nothing concrete, I’m not surprised…. Continue like tis may go back to last low

天府山庄 : China to almost double support for unfinished housing projects to $737 billion
【官方定调,房地产终于触底】https://www.backchina.com/news/2024/10/18/939490.html
103725026 : What happened?
103725026 : Oh, no movement.