Guangzhou R&F stock gains 4.88 percent after index removal

Guangzhou R&F stock (2777.HK) stood at HKD 0.13 on the Hong Kong Stock Exchange on September 23, 2026, up 4.88 percent from the prior close. The move followed the companys removal from the S&P Global BMI index, reported by Marketscreener on September 21, 2026.

H1 revenue rose 23 percent

Guangzhou R&F reported revenue of RMB 7.10 billion for the six months ended June 30, 2026, an increase of 23 percent from the prior-year period. Property development revenue rose 30 percent to RMB 5.42 billion, according to Quartr.

The top-line increase did not translate into stronger profitability. Gross profit fell 50 percent to RMB 629 million, while the property development gross margin dropped to 3.4 percent from 19.4 percent in H1 2025.

Loss widens as margins contract

Net loss widened to RMB 5.31 billion in H1 2026 from RMB 4.08 billion a year earlier. Net finance costs rose 18 percent to RMB 2.84 billion, and total interest expenses reached RMB 4.98 billion, making financing costs a central pressure point for the developer.

Contracted sales were RMB 7.35 billion in the first half, described as steady year over year by Quartr. That operating stability contrasts with the earnings decline: sales held up, but lower margins and higher finance costs pushed the company deeper into loss.

Stock remains far below yearly high

Guangzhou R&F had a market capitalization of HKD 484.06 million on September 23, 2026. Its 52-week range was HKD 0.11 to HKD 0.70, placing the HKD 0.13 quote near the lower end of the yearly span.

The combination of a 4.88 percent daily gain and a 23 percent revenue increase gives the stock a mixed numerical profile. Revenue growth is visible, but the 50 percent gross profit decline and wider net loss show why margin recovery remains the more important operating measure.

HKD 0.13 defines the latest quote

Guangzhou R&F stock stood at HKD 0.13 on the Hong Kong Stock Exchange on September 23, 2026, with a daily gain of 4.88 percent. The price remains materially below the HKD 0.70 52-week high, while H1 2026 figures point to continuing profitability and liquidity pressure.