Damo: It is expected that the stock price of C&D International (01908) will rise by more than 80% in the next 30 days

The Zhitong Finance App learned that Morgan Stanley released a research report saying that it is believed that the absolute value of C&D International (01908) shares will rise in the next 30 days, with a probability of more than 80%, as the company expects contract sales to increase by more than 50% year-on-year in July, totaling about 10 billion yuan. This is mainly due to the popularity of the recently launched Hangzhou Skyrim project, and the steady sales performance of the projects currently on sale. It is estimated that it contributed about 7 billion yuan in that month, and has achieved about 4 billion yuan so far. According to the report, compared to the recent industry background where the first-hand sales area of major cities only recorded a year-on-year increase in the number of units, C&D's sales growth will be significantly higher than the industry average, and will narrow the decline in contract sales so far this year to a 4% year-on-year decline, compared to a 10% decline in the first half of the year.