Black Peony Hits Day High with Strong 5.22% Intraday Surge

Aug 24 2026 05:09 PM IST
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Black Peony (Group) Co. has shown strong short-term performance, with a notable increase on August 21, 2026, and a 2.7% rise over the past week. However, its long-term outlook reveals a decline over the past year and year-to-date, amidst a contrasting performance with the Shanghai Composite index.
Black Peony Hits Day High with Strong 5.22% Intraday Surge
Black Peony (Group) Co. has experienced a notable increase of 5.22% on August 21, 2026, reaching an intraday high of CNY 7.00. This performance stands in contrast to the China Shanghai Composite, which saw a minimal gain of 0.04% on the same day. Over the past week, Black Peony has shown a 2.7% increase, while the broader index declined by 0.56%.
In terms of longer-term performance, Black Peony has seen a significant rise of 17.7% over the past month, compared to a modest 1.06% increase in the Shanghai Composite. However, the company has faced challenges over the past year, with a decline of 7.81%, while the index gained 3.56%. Year-to-date, Black Peony's performance is down 18.36%, contrasting with the Shanghai Composite's slight decline of 1.6%. Despite these fluctuations, the company maintains a mid-cap market capitalization of CNY 6,830 million. Key financial metrics indicate a P/E ratio of 113.00 and a return on equity of 0.63%, reflecting the company's current market position within the realty sector.
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