Greentown China hits 7-week peak as April property prices climb

Greentown China Holdings

08/05/2026 04:15

** Shares of Greentown China Holdings 3900.HK climb 3.2% to HK$10.68, their highest point since March 18

** Stock rising for its third straight session

** The Chinese property developer said the average selling price of its self-investment projects amounted to 36,399 yuan  ($5,349.57) per sqm in April, up from 36,012 yuan per sqm in March

** In April 2026, the sales area of Greentown Group project management business achieved about 400,000 sqm, with a total sales amount of about 5.9 billion yuan. That compared with March's 380,000 sqm, with total sales amount of 5.5 billion yuan

** YTD, stock up 23.1%, benchmark Hang Seng Index .HSI up 2.6%

($1 = 6.8041 Chinese yuan renminbi)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))