Real Estate Stocks Rally on Aug 12; *ST Zhongdi Surges Over 8%
The real estate sector extended its afternoon gains on August 12, with *ST Zhongdi surging more than 8 percent. Other developers including Fuxing Co. and Seazen Holdings also advanced during the session, reflecting broad-based strength across the property segment. The afternoon rally underscored renewed buying interest in real estate stocks, with the sector continuing its upward momentum in the trading session.
The real estate sector continued to strengthen in the afternoon trading session on August 12, with *ST Zhongdi rising more than 8 percent. Fuxing Co. , Seazen Holdings and other stocks also advanced in tandem during the session.