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Gemdale Properties & Investment ( (HK:0535) ) has issued an update.
Gemdale Properties and Investment reported unaudited contracted sales of about RMB 1.479 billion in April 2026, with a contracted sales area of approximately 117,600 square meters and an average selling price of around RMB 12,600 per square meter. For the first four months of 2026, the developer’s aggregate contracted sales reached roughly RMB 2.429 billion on 198,600 square meters, offering investors an early read on its sales momentum in a challenging property market.
The company stressed that these figures are based on preliminary internal data and may differ from numbers in forthcoming audited or interim financial statements, urging shareholders and potential investors to treat the information as reference only and to exercise caution. The disclosure underscores both the importance of monthly sales updates for gauging Gemdale Properties and Investment’s operational trajectory and the inherent uncertainty in fast-moving real estate markets, where provisional statistics can be subject to later adjustment.
More about Gemdale Properties & Investment
Gemdale Properties and Investment Corporation Limited is a Hong Kong-listed property developer incorporated in Bermuda, focusing on real estate projects and contracted sales of residential and commercial properties in mainland China. The company generates revenue primarily through property development and sales, with performance closely watched by investors as an indicator of market demand and its competitive position in the Chinese property sector.
Average Trading Volume: 5,187,741
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.93B
Learn more about 0535 stock on TipRanks’ Stock Analysis page.