
Understanding the Market | MIDEA REAL EST rose over 8% in the morning, with transaction amount during the National Day Golden Week reaching 340 million yuan, and the annual performance growth rate is expected to be around 20%

MIDEA REAL EST rose over 8% in the morning, and as of the time of writing, it has increased by 6.81%, trading at HKD 5.02, with a transaction volume of HKD 23.6226 million. On the news front, on October 9th, MIDEA REAL EST announced its operating data for the National Day Golden Week. The data shows that MIDEA REAL EST achieved a transaction amount of HKD 340 million during the National Day Golden Week, with 3,882 groups of visitors and 378 units sold. Notably, after the restructuring in October 2024, MIDEA REAL EST will undertake the full-chain development management of existing real estate development resources from its controlling shareholder. The management previously stated at the interim performance meeting that the performance growth rate for 2025 is expected to remain around 20%
According to Zhitong Finance APP, MIDEA REAL EST (03990) rose over 8% in the morning, and as of the time of writing, it has increased by 6.81%, trading at HKD 5.02, with a transaction volume of HKD 23.6226 million.
In terms of news, on October 9th, MIDEA REAL EST announced its operating data for the National Day Golden Week. The data shows that MIDEA REAL EST achieved a transaction amount of HKD 340 million during the National Day Golden Week, with 3,882 visitor groups and 378 transaction units. Notably, after the restructuring in October 2024, MIDEA REAL EST will undertake the full-chain development management of existing real estate development resources from its controlling shareholder. The management previously stated at the interim performance meeting that the performance growth rate for 2025 is expected to remain around 20%

