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(Yicai Global) Aug. 22 -- The share price of China's R&F Properties fell after the real estate developer posted slowing revenue and profit growth in the first half.
R&F Properties's [HKG: 2777] stock price dropped 5 percent to HKD12.60 (USD1.60) in the afternoon. The price was down 0.5 percent before the Guangzhou-based firm released its earnings.
The company's revenue rose 3 percent from the previous year to CNY35.1 billion (USD5 billion) in the six months. Its net profit edged up 2.6 percent to CNY4 billion.
Editor: Emmi Laine