EBJB: Jiading Jianye and Jiading Ketiang plan to collectively reduce their holdings by no more than 1% of shares

According to the announcement from Everbright Jiabao, the company recently received a notification letter from Jiading Jianye and Jiading KTO regarding their plan to reduce their holdings in the company. Due to their own funding needs, within three months after 15 trading days from the date of the announcement, Jiading Jianye and Jiading KTO plan to reduce their holdings in the company by a total of no more than 14.9969 million shares, accounting for no more than 1% of the company's total share capital

The three major A-share indices in Shanghai and Shenzhen showed a sluggish performance in the first half of the day, with domestic banks and property stocks continuing to decline, while pharmaceutical stocks reached new highs

Today, the three major indices of A-shares showed mixed performance, with the Shanghai Composite Index slightly down 0.1% at 3,500 points, the Shenzhen Component Index slightly up 0.1% at 10,755 points, and the ChiNext Index up 0.4% at 2,243 points. Domestic bank stocks continued to decline, with China Construction Bank and ICBC down 0.7% and 1.2%, respectively; real estate stocks generally fell, with EBJB and Greenland Holdings down 2.5% and 8.3%, respectively. Pharmaceutical stocks performed strongly, with RunDu Co., Ltd. and Li Sheng Pharmaceutical hitting the daily limit. The central parity rate of the RMB against the USD was lowered by 28 points to 7.1526

The three major indices of A-shares in Shanghai and Shenzhen opened mixed, with real estate stocks softening

Today, the three major indices of A-shares opened with mixed performance. The Shanghai Composite Index opened down 0.06% at 3,502 points, the Shenzhen Component Index opened up 0.05% at 10,749 points, and the ChiNext Index opened up 0.3% at 2,241 points. Domestic property stocks generally softened, with UKF, EBJB, and CFLD falling between 0.7% and 1%, while Greenland Holdings opened down 5.3%. The central parity rate of the RMB against the USD was adjusted down by 28 points to 7.1526

The real estate sector has declined in the short term

The real estate sector has seen a short-term decline, with UKF dropping over 7%, followed by EBJB, T.B Infrastructure, BCDC, RONGAN PROPERTY, and others

A-share real estate stocks continued to rise in the afternoon, with Nanshan Holdings achieving 4 consecutive limit-ups in 7 days. Previously, Yukaifa had 4 consecutive limit-ups. Additionally, CFLD, Shen Shen Fang A, EBJB, and CASIN reached the limit-up, while Financial Street, New City Holdings, BCDC, and Xinda Real Estate all rose over 5%