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Greentown China Posts RMB18.3 Billion in Two-Month Contracted Sales

Story Highlights
  • Greentown China logged RMB10.8 billion in contracted sales from self-investment projects in the first two months of 2026.
  • Including project management, total sales hit RMB18.3 billion on 940,000 sqm, highlighting strength in its asset-light business model.
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Greentown China Posts RMB18.3 Billion in Two-Month Contracted Sales

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The latest update is out from Greentown China Holdings ( (HK:3900) ).

Greentown China reported unaudited operating data for the first two months of 2026 showing resilient sales from its self-investment projects, selling 849 units and 130,000 sqm in February alone for about RMB4.6 billion at an average price of RMB34,149 per sqm. From January to February, contracted sales from these projects reached roughly RMB10.8 billion, with RMB7.3 billion attributable to the group, alongside subscription sales of RMB2.8 billion that further bolster its near-term revenue pipeline.

The company also highlighted solid momentum in its project management segment, which achieved sales of around 310,000 sqm and RMB4.1 billion in February and a cumulative RMB7.5 billion on 560,000 sqm over the two-month period. Combining self-investment and managed projects, Greentown recorded a total sales area of about 940,000 sqm and total contracted sales of roughly RMB18.3 billion, underscoring the strategic importance of its asset-light management business even as management cautioned that the figures are preliminary and unaudited.

The most recent analyst rating on (HK:3900) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Greentown China Holdings stock, see the HK:3900 Stock Forecast page.

More about Greentown China Holdings

Greentown China Holdings Limited is a PRC-based real estate developer and project manager incorporated in the Cayman Islands and listed in Hong Kong. The company focuses on residential self-investment projects and a growing project management business, giving it dual revenue streams from property sales and third-party development services across mainland China.

Average Trading Volume: 11,877,263

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$25.55B

See more insights into 3900 stock on TipRanks’ Stock Analysis page.

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