tiprankstipranks
Advertisement
Advertisement

Redsun Properties Posts RMB581 Million in Contracted Sales for First Four Months of 2026

Story Highlights
  • Redsun Properties recorded RMB581 million in contracted sales from January to April 2026.
  • The company stressed these sales figures are preliminary and urged investors to exercise caution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Redsun Properties Posts RMB581 Million in Contracted Sales for First Four Months of 2026

Meet Samuel – Your Personal Investing Prophet

An announcement from Redsun Properties Group Ltd. ( (HK:1996) ) is now available.

Redsun Properties Group Limited reported unaudited contracted sales of RMB179 million for April 2026, covering 17,040 square meters at an average selling price of RMB10,505 per square meter. From January to April 2026, aggregate contracted sales reached RMB581 million on 50,574 square meters, with an average price of RMB11,488 per square meter.

The company emphasized that these operating figures are preliminary and may differ from its forthcoming audited or unaudited financial statements, framing the disclosure as informational rather than guidance. Redsun also urged investors to treat the data with caution and seek professional advice, underscoring ongoing uncertainty around the reliability of short-term sales metrics for investment decisions.

More about Redsun Properties Group Ltd.

Redsun Properties Group Limited is a Hong Kong-listed real estate developer incorporated in the Cayman Islands and traded under stock code 1996. The group operates through the parent company, its subsidiaries and associated companies, focusing on property development and sales in mainland China’s residential and related property markets.

YTD Price Performance: -27.27%

Average Trading Volume: 278,000

Technical Sentiment Signal: Sell

Current Market Cap: HK$79.56M

For detailed information about 1996 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1