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Redsun Properties Group Ltd. ( (HK:1996) ) has issued an update.
Redsun Properties Group Limited reported unaudited contracted sales of RMB134 million for February 2026, with a sales area of 11,405 square meters and an average selling price of RMB11,784 per square meter. From January to February 2026, aggregate contracted sales reached RMB235 million on 18,928 square meters of sold area, implying a higher average selling price of RMB12,396 per square meter over the two-month period.
The company emphasized that these operating figures are preliminary, unaudited and subject to change once formal financial statements are prepared. Management cautioned investors not to rely solely on these numbers for investment decisions and urged them to exercise care and seek professional advice when dealing in the company’s securities, underscoring the continued uncertainty around the accuracy and finality of short-term sales disclosures.
The most recent analyst rating on (HK:1996) stock is a Hold with a HK$0.03 price target. To see the full list of analyst forecasts on Redsun Properties Group Ltd. stock, see the HK:1996 Stock Forecast page.
More about Redsun Properties Group Ltd.
Redsun Properties Group Limited is a Hong Kong-listed property developer incorporated in the Cayman Islands and traded under stock code 1996. The group operates through the company, its subsidiaries and associated companies, focusing on contracted sales of residential and related real estate projects in mainland China.
YTD Price Performance: -3.03%
Average Trading Volume: 489,658
Technical Sentiment Signal: Sell
Current Market Cap: HK$106.1M
For an in-depth examination of 1996 stock, go to TipRanks’ Overview page.