SEHK:81Real Estate
China Overseas Grand Oceans Group (SEHK:81) Stock Trades Rich As Profits Steady
China Overseas Grand Oceans Group went into these H1 2026 results with the stock up about 10% over the past month and trading on a rich P/E of 23.7x, well above the Hong Kong real estate sector average. The headline this time is earnings resilience rather than a revenue surge. Basic earnings per share landed at C¥0.092, backed by C¥327.6m in net income from ongoing operations and a slightly firmer 1% trailing net margin. For a sector still wrestling with weak sentiment, the market now has to...