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Shanghai Construction Group Co., Ltd.
Shanghai Construction Group Hits Day Low of CNY 2.96 Amid Price Pressure
Shanghai Construction Group Co., Ltd. saw a significant stock decline amid broader market stability, with a notable decrease over the past week. The company's financial health is under scrutiny due to declining net sales and profits, alongside high debt levels and stagnant operating profit growth.
Shanghai Construction Group Hits Day Low of CNY 3.08 Amid Price Pressure
Shanghai Construction Group Co., Ltd. faced a notable stock decline, dropping significantly amid a challenging week. Despite a positive year-to-date performance, the company reported a substantial decrease in net sales and profit, raising concerns about its long-term growth and financial health within the construction sector.
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