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An announcement from Redsun Properties Group Ltd. ( (HK:1996) ) is now available.
Redsun Properties Group Limited reported unaudited contracted sales of RMB167 million for March 2026, with a sales area of 14,606 square meters and an average selling price of RMB11,462 per square meter. For the first quarter of 2026, aggregate contracted sales reached RMB402 million on 33,534 square meters, translating into an average selling price of RMB11,989 per square meter.
The company emphasized that these operating figures are preliminary and may differ from those to be disclosed in forthcoming audited or unaudited financial statements, underscoring that the data is for information only. Investors are cautioned not to rely solely on these numbers when trading the company’s securities and are urged to exercise prudence and seek professional advice, highlighting ongoing uncertainty around the final reported performance.
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 Cayman Islands-incorporated real estate developer listed in Hong Kong, operating through its subsidiaries and associated companies. The group focuses on property development and sales in mainland China, generating revenue primarily from contracted sales of residential and related projects.
YTD Price Performance: -27.27%
Average Trading Volume: 357,736
Technical Sentiment Signal: Sell
Current Market Cap: HK$79.56M
See more insights into 1996 stock on TipRanks’ Stock Analysis page.