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Powerlong Real Estate Holdings Ltd. ( (HK:1238) ) has shared an announcement.
Powerlong Real Estate Holdings reported unaudited contracted sales of about RMB649 million on 53,382 square meters of floor area in March 2026, reflecting its ongoing activity in China’s property market through both consolidated projects and ventures with partners. For the first quarter ended 31 March 2026, total contracted sales reached approximately RMB1.55 billion over 134,175 square meters, though management cautioned that these preliminary figures may differ from forthcoming audited results and urged investors not to rely on them exclusively when assessing the company’s securities.
The most recent analyst rating on (HK:1238) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on Powerlong Real Estate Holdings Ltd. stock, see the HK:1238 Stock Forecast page.
More about Powerlong Real Estate Holdings Ltd.
Powerlong Real Estate Holdings Limited is a Cayman Islands–incorporated property developer listed in Hong Kong, focusing on real estate projects in mainland China. The group operates through wholly owned subsidiaries, joint ventures and associated companies to develop and sell residential and commercial properties.
Average Trading Volume: 1,298,866
Technical Sentiment Signal: Sell
Current Market Cap: HK$981.3M
For detailed information about 1238 stock, go to TipRanks’ Stock Analysis page.