---
title: "Understanding the Market | COASTAL GL temporarily suspended trading during the session, dropping over 60% before the suspension, erasing all gains for the month"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258269473.md"
description: "COASTAL GL saw a low of HKD 0.25 during intraday trading, giving back all gains for the month. The stock was suspended during trading, and before the suspension, it fell 60.67% to HKD 0.295, with a trading volume of HKD 13.6901 million. According to the official website of COASTAL GL, the coastal real estate sector serves as a professional real estate development and operation platform under COASTAL Holdings. Its main company, \"COASTAL Green Home Limited,\" was established in Hong Kong in 1990 and was listed on the main board of the Hong Kong Stock Exchange in 1997. The business areas involved include urban development operation services and real estate project development operation services. It is reported that COASTAL GL announced its annual results for the year ending March 31, 2025, at the end of June, with revenue of approximately HKD 115.8 million, a year-on-year increase of about 26.73 times; the loss attributable to shareholders was approximately HKD 382 million, a year-on-year narrowing of 72.7%. Notably, COASTAL GL announced in early January this year that a piece of land in Jinzhou District, Dalian, Liaoning, was reclaimed, with compensation of HKD 109 million"
datetime: "2025-09-22T03:23:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258269473.md)
  - [en](https://longbridge.com/en/news/258269473.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258269473.md)
---

# Understanding the Market | COASTAL GL temporarily suspended trading during the session, dropping over 60% before the suspension, erasing all gains for the month

According to Zhitong Finance APP, COASTAL GL (01124) hit a low of HKD 0.25 during the trading session, giving back all gains for the month. The stock was suspended during the session, and before the suspension, it fell by 60.67%, closing at HKD 0.295, with a trading volume of HKD 13.6901 million.

According to the official website of COASTAL GL, the coastal real estate sector serves as a professional real estate development and operation platform under COASTAL Holdings. Its main company, "COASTAL Green Home Limited," was established in Hong Kong in 1990 and was listed on the main board of the Hong Kong Stock Exchange in 1997. The business areas involved include urban development operation services and real estate project development operation services.

It is reported that COASTAL GL announced its annual performance for the year ending March 31, 2025, at the end of June, with revenue of approximately HKD 115.8 million, a year-on-year increase of about 26.73 times; the loss attributable to shareholders was approximately HKD 382 million, narrowing by 72.7% year-on-year. Notably, COASTAL GL announced in early January this year that a piece of land in Jinzhou District, Dalian, Liaoning, was reclaimed, with compensation of HKD 109 million

### Related Stocks

- [02998.HK](https://longbridge.com/en/quote/02998.HK.md)
- [01124.HK](https://longbridge.com/en/quote/01124.HK.md)

## Related News & Research

- [07:03 ETHaier sa ôsmy rok po sebe umiestňuje v rebríčku Kantar BrandZ Top 100 ako jediná značka ekosystému IoT na svete](https://longbridge.com/en/news/286900700.md)
- [11:16 ETHaier ist die einzige IoT-Ökosystemmarke der Welt, die acht Jahre in Folge in die Kantar BrandZ Top 100 aufgenommen wurde](https://longbridge.com/en/news/286792596.md)
- [03:40 ETHaier Named the World's Only IoT Ecosystem Brand in Kantar BrandZ Top 100 for Eight Consecutive Years](https://longbridge.com/en/news/286732510.md)
- [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md)
- [09:20 ETHaier Signs Four-Year Sponsorship with Al Ahly FC, Becoming the Club's Second Main Sponsor](https://longbridge.com/en/news/287073987.md)