Hopson Development Holdings Reports Approximately 4.492 Billion Yuan in Total Contracted Sales for First Eight Months

Stock News
Sep 22

Hopson Development Holdings (00754) has released its latest operational update, disclosing that for the eight months ended August 31, 2026, the group, along with its joint ventures and associates, recorded total contracted sales of approximately RMB 4.492 billion. This figure comprises property contracted sales of around RMB 3.909 billion and renovation contracted sales of approximately RMB 583 million.

Focusing on August 2026 alone, the group's total contracted sales, including contributions from joint ventures and associates, reached approximately RMB 719 million. Within this monthly total, property contracted sales accounted for about RMB 648 million, while renovation contracted sales contributed roughly RMB 71 million.

For the eight-month period ending August 31, 2026, the group's property contracted sales area stood at approximately 224,574 square meters, with an average selling price of around RMB 17,400 per square meter.

Additionally, under the "Hopson" brand, the group's non-self-invested properties managed through agency construction, referred to as Hopson agency-managed properties, recorded a total contracted sales area of about 16,735 square meters and contracted sales value of approximately RMB 1.010 billion for the same eight-month span. In August 2026 alone, these agency-managed properties generated a contracted sales area of roughly 1,012 square meters, translating to a contracted sales value of about RMB 70 million.

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