China Union Holdings Hits Day Low of CNY 5.61 Amid Price Pressure

China Union Holdings Ltd. experienced a notable decline today, with the stock dropping by 6.26% to reach an intraday low of CNY 5.61. This performance stands in contrast to the broader market, as the China Shanghai Composite index fell by only 1.26% on the same day. Over the past week, China Union Holdings has shown a slight recovery with a 2.89% increase, but its longer-term performance remains concerning. The stock has decreased by 9.54% over the past month and is down 13.79% year-to-date. In stark contrast, the company has achieved a 45.15% increase over the past year, although this is overshadowed by a significant decline in profitability, with net sales decreasing at an annual rate of 29.20% and operating profit down by 45.55%. The company's financial metrics indicate challenges, including a low return on equity of 1.00% and a high price-to-book ratio of 1.60. With a market capitalization of CNY 8,157 million, China Union Holdings continues to navigate a complex financial landscape within the realty sector.