Shares of Agile Group Holdings Ltd. (03383.HK) surged 8.49% in Hong Kong trading today, following the release of the company's pre-sale figures for September. The strong rally suggests investors are optimistic about Agile's future prospects amid robust housing demand.
According to the company's announcement, Agile Group recorded an aggregated pre-sale value of RMB1.82 billion (approximately $255 million) in September. This impressive pre-sale performance demonstrates the continued popularity of Agile's residential projects and highlights the resilience of the Chinese property market.
Analysts view the strong pre-sale figures as a positive sign for Agile Group's upcoming financial results. With a healthy order book, the company is well-positioned to capitalize on the sustained housing demand, bolstering its revenue and profitability in the coming quarters.
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