Hong Kong stock movement: After resuming trading, the stock price of MODERN LAND fluctuated sharply, falling 17.39%, raising concerns about financial health and severely undermining market confidence

Hong Kong Stock Movement Modern Land fell 17.39%. Based on recent key news: On November 26, Modern Land announced that it has met all resumption guidelines and applied to resume trading of its shares. The company has been suspended since April 2 last year, and after resumption, the stock price rose 81% compared to before the suspension, but then experienced significant fluctuations, leading to a decline in stock price. Source: Zhitong Finance On November 25, the company announced that it has fulfilled the relevant conditions of the resumption guidelines, including publishing undisclosed financial results and addressing audit revisions. The auditor issued a disclaimer of opinion on the company's financial statements due to uncertainties regarding going concern, affecting market confidence. Source: Viewpoint Network On November 26, after resumption, the stock price fluctuated violently, with the latest stock price up 47.619% compared to before the suspension, but the market still has doubts about the company's financial health, leading to a decline in stock price. Source: Huigang Communications The real estate industry is recovering slowly, with insufficient liquidity. Stocks with High Trading Volume in the Industry Vanke Enterprises fell 4.38%. Based on recent news, On November 27, Vanke Enterprises' domestic bonds collectively plummeted in early trading, with several bonds falling more than 30%, reaching the temporary suspension threshold. The sharp decline in bond prices raised market concerns about the company's financial condition, leading to a decline in stock price. Source: Viewpoint Network On November 26, Vanke announced that it will hold a creditors' meeting to discuss the extension of a 2 billion RMB bond that is about to mature. Market concerns about debt extension intensified, further pressuring the stock price. Source: Economic Information Daily On November 25, several domestic bonds of Vanke fell in price, and market concerns about the company's debt issues spread, leading to pressure on the stock price. Source: 36Kr The real estate sector continues to face liquidity pressure, and industry confidence is weak. China Resources Land rose 1.31%. Based on recent key news: On November 27, China Resources Land saw large transactions involving over HKD 22.47 million. This transaction indicates strong market interest in the stock, driving the stock price up. Source: Zhitong Finance The Hong Kong stock market has recently experienced increased volatility, and risks need to be monitored. China Overseas Land & Investment fell 1.07%. Based on recent key news: On November 24, the Kai Tak Bay project, in which China Overseas Land & Investment participated, recorded 4 transactions over the weekend, cashing out about 33 million yuan, indicating strong market demand for new projects, but the second-hand market transactions declined, affecting the stock price. On November 26, China Overseas Land & Investment announced that its bonds will pay interest on November 28, with coupon rates of 2.35% and 2.70%. This news failed to boost the stock price, with a trading volume of HKD 169 million. On November 25, China Overseas Land & Investment won a residential land parcel in Yangpu Riverside at a base price of 2.177 billion yuan, indicating the company's active layout in the land market, but this did not immediately reflect in the stock price. The real estate market is active, with funds flowing into new projects Stocks Ranked Among the Top by Market Capitalization in the Industry Henderson Land rose by 0.74%. Based on recent news, On November 25th, UBS released a research report indicating that the Hong Kong office market is recovering, particularly the Grade A office market in Central, which is nearing a bottom. UBS believes this will continue to benefit stocks with Grade A office business in Hong Kong, including Henderson Land. This news boosted market confidence, driving up Henderson Land's stock price. On November 25th, UBS also mentioned that a large amount of new supply will enter the mainland office market in the next six months, and rents are expected to continue to decline. Despite the challenges in the mainland market, the recovery expectations in the Hong Kong market are favorable for Henderson Land. There are no other significant news recently. The expectations for the recovery of the Hong Kong office market have strengthened