Poly Property hits over 5-year peak on property sales growth

Poly Property

11/05/2026 06:27

** Shares of Poly Property Group 0119.HK surge 9.4% to HK$2.55, their highest level since March 2021

** Stock on track for the sixth straight session of gain; third biggest pct gainer in Hang Seng Composite Index on Properties and Construction stocks .HSCIPC, which adds 0.6%

** The Chinese property developer said its April contracted sales value amounted to about 4.2 billion yuan ($618.01 million)

** That compared with the contracted sales value of 3.5 billion yuan in April 2025

** YTD, stock up 22%, benchmark Hang Seng Index .HSI up 2.7%

($1 = 6.7960 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))