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China Overseas Grand Oceans Group Limited ( (HK:0081) ) has provided an announcement.
In July 2025, China Overseas Grand Oceans Group Limited reported a decrease in property contracted sales and gross floor area (GFA) compared to the previous year, with sales amounting to RMB2,039 million and GFA reaching 188,700 square meters. From January to July 2025, total contracted sales were RMB18,649 million, marking a year-on-year decline of 12.2%. Despite the downturn, the company acquired a new project in Baotou, Inner Mongolia, with a GFA of 156,904 square meters, contributing to a total newly acquired GFA of 1,485,167 square meters for the year. These acquisitions, however, come with a significant land cost of RMB6,478 million, indicating a strategic investment in expanding their property portfolio amidst a challenging market.
The most recent analyst rating on (HK:0081) stock is a Buy with a HK$2.40 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 operates in the real estate industry, focusing on property development and investment. The company is involved in the acquisition, development, and sale of residential and commercial properties, primarily in China.
Average Trading Volume: 9,741,585
Technical Sentiment Signal: Hold
Current Market Cap: HK$6.83B
For an in-depth examination of 0081 stock, go to TipRanks’ Overview page.