China Overseas Grand Oceans Posts Strong Q1 2026 Sales and Expands Project Portfolio

China Overseas Grand Oceans Group Limited ( (HK:0081) ) has shared an announcement.

China Overseas Grand Oceans reported robust sales momentum in March 2026, with property contracted sales rising 31.8% year on year to RMB3.38 billion and contracted gross floor area increasing 24.6% to 292,000 square meters. For the first quarter, contracted sales reached RMB8.09 billion on 690,600 square meters, up 16.7% and 15.4% respectively, while subscription sales at the end of March totaled RMB534 million on 43,400 square meters.

On the investment side, the group acquired no new land in March but, in the first quarter, secured a Taizhou Medical High Tech Zone project with 86,651 square meters of GFA for RMB287.39 million and completed the purchase of remaining equity interests in two cooperative projects in Hefei for about RMB104.1 million. These moves suggest a selective, disciplined approach to land banking and project consolidation amid improving sales, which could support future development capacity and earnings visibility for stakeholders, though the disclosed figures remain unaudited and subject to adjustment.

The most recent analyst rating on (HK:0081) stock is a Buy with a HK$2.65 price target. To see the full list of analyst forecasts on China Overseas Grand Oceans Group Limited stock, see the HK:0081 Stock Forecast page.

More about China Overseas Grand Oceans Group Limited

China Overseas Grand Oceans Group Limited is a Hong Kong–incorporated property developer focused on residential and related real estate projects in mainland China. The company operates through a series of subsidiaries, associates and joint ventures, developing and selling properties across multiple Chinese cities and selectively acquiring land to support its project pipeline.

Average Trading Volume: 11,249,565

Technical Sentiment Signal: Buy

Current Market Cap: HK$8.93B

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