Sino-Ocean Group stock drops from S&P Global BMI Index

Sino-Ocean Group stock closed at HKD 0.04 on the Hong Kong Stock Exchange on September 24, 2026, equal to the prior close and 75 percent below its 52-week high of HKD 0.16. The latest market signal came on September 20, when the company was removed from the S&P Global BMI Index, according to MarketScreener.

Index removal meets weak market data

The share price sits at the bottom of the quoted 52-week range, while the companys market capitalization stood at HKD 506,599,969 on September 24, 2026. That combination leaves the index change as a concrete marker of the stock's reduced market standing rather than a standalone corporate event.

MarketScreener identifies Sino-Ocean Group Holding Limited as a property developer and lists the Hong Kong stock code as 3377. Its business covers residential and commercial property development, construction services and asset-light agent construction.

Revenue improved in first half

For the half year ended June 30, 2026, sales rose from CNY 6,203.07 million a year earlier to CNY 6,596.51 million, according to MarketScreener. The improvement in sales did not prevent a net loss of CNY 7,149.18 million, compared with net income of CNY 10,202.14 million in the prior-year period.

The operating comparison is therefore split. Revenue increased by CNY 393.44 million, but the earnings result moved from profit to loss, a contrast that helps explain why the stock remains at HKD 0.04 despite the higher first-half sales figure.

Stock remains near yearly low

Sino-Ocean Group stock ended September 24, 2026, at HKD 0.04 on the Hong Kong Stock Exchange. The quoted 52-week range was HKD 0.04 to HKD 0.16, placing the reference price exactly at the lower boundary.