MB-GTWN@EC2612A

Hangzhou Zhe Zhan Real Estate and Hangzhou Xing Yao Real Estate Secured Commercial and Residential Land in Qiantang District Through Auction

China Vanke Reports Profit Pressure but Financial Stability in 2025

Yuanzhou China Sales Reached 15 Billion Yuan in February

Sunac China Reports 29.48% Year-on-Year Drop in Contract Sales in Q1

Yuanke China Reports Q1 2026 Contract Sales of 38.6 Billion Yuan

Goldman Sachs Cuts Sales Forecast and Target Price for China Vanke in 2026

Morgan Stanley Downgrades Greentown China's Profit Forecast and Maintains Underweight Rating

Tianhong Real Estate Files Complaint Against China Vanke for Embezzlement

Green China Announces Financial Data and Strategic Choices at 2025 Annual Earnings Release

Sunac China Upgraded to AA in MSCI ESG Ratings

Huatai Securities Maintains Buy Rating for China Vanke with a Target Price

Citibank Downgrades Greentown China Target Price to HKD 11.8 and Maintains Buy Rating

CICC Downgrades Greentown China's Earnings Forecast and Adjusts Target Price

GREENTOWN CHINA released FY2025 Q3 earnings on March 31, 2026 (BJT), actual revenue HKD 55.53 B, actual EPS HKD -0.0345

Greentown China released FY2025 9 Months Earnings on March 31 (BJT), actual revenue HKD 113.32 B, actual EPS HKD 0.0567

GREENTOWN CHINA released FY2025 earnings on March 31 During-Market (BJT), actual revenue HKD 169.37 B (forecast HKD 160.76 B), actual EPS HKD 0.0305 (forecast HKD 0.1763)

GREENTOWN CHINA released FY2025 Q4 earnings on March 31 During-Market (BJT), actual revenue HKD 56.49 B, actual EPS HKD -0.0304

Sunac China Reports Declining Profits and Revenues in 2025

GREENTOWN CHINA to release FY2025 earnings report on March 30 During-Market BJT, forecast revenue HKD 163.4 B, EPS HKD 0.1807

Three Shanghai Residential Land Lots Successfully Auctioned, Greentown Secures Qingpu Plot at Premium

SOMERLEY CAP

TIANLI HOLDINGS

CPM GROUP

FUTONG TECH

NICHE-TECH SEMI

SINO ICT

COSMOS MACH

UBOT HOLDING

SAMPLE TECH

PERENNIAL INT'L

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Real estate developer GREENTOWN CHINA Holdings Limited released its sales data for March, selling 2,840 units, a year-on-year decrease of 18%; the sales area was approximately 420,000 square meters, with funds amounting to 15.1 billion yuan, a year-on-year decline of 30.7%. The cumulative contract sales for the first three months were approximately 25.6 billion yuan, a year-on-year decrease of 29.5%. On Friday, the stock price opened up 0.4% to HKD 8.37, having fallen by 30% over the past year

BambooWorks

GREENTOWN CHINA

News: Greentown's property sales in the last month and the first quarter both fell by 30%

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Hangzhou welcomed its second land auction of the month. According to the transaction results, both parcels were sold at a premium, with an average premium rate of 41.5%, generating approximately 1.492 billion yuan

Wallstreetcn

Binjiang Group

Yinhua CSI Interior Real Estate Theme ETF

China Southern CSI All Share Real Estate ETF

GF CSI All Share Financials ETF

ChinaAMC CSI All Share Real Estate ETF

GREENTOWN MGMT

Hwabao WP CSI 800 Real Estate ETF

Hangzhou Land Auction Continues to Heat Up: Binjiang and Greentown Split Two Residential Land Parcels, West Lake District Parcel Sees Premium Rate Near 60%

Greentown China Holdings reported preliminary Q1 2026 contracted sales of approximately RMB38.6 billion, with a total sales area of about 1.76 million square meters. The group sold 2,840 units in March, generating monthly sales of roughly RMB15.1 billion. Despite the challenging property market in China, the figures indicate strong demand and cash flow generation. However, management advised that these unaudited numbers may differ from future financial statements. The current analyst rating for Greentown China stock (HK:3900) is a Hold with a price target of HK$11.50.

Tip Ranks

Greentown China Posts RMB38.6 Billion in Preliminary Q1 2026 Contracted Sales

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Huatai Securities analyst maintained a Buy rating on Greentown China Holdings yesterday and set a price target of HK$9.92.End of Quarter Sale - 50% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Currently, the analyst consensus on Greentown China Holdings is a Strong Buy with an average price target of HK$12.23.

GREENTOWN N2802

Huatai Securities Remains a Buy on Greentown China Holdings (GTWCF)

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CICC lowered the target price for GREENTOWN CHINA to HKD 14, expecting a 2.3% decline in operating revenue to RMB 155 billion in 2025, with property development revenue remaining flat and a slight decrease in gross margin. The net profit attributable to the parent company is expected to be RMB 70 million, compared to RMB 1.6 billion in 2024. Earnings forecasts for 2026 and 2027 have been reduced by 39% and 41%, respectively. The rating is maintained at "outperform the industry."

AASTOCKS

CICC

In "The Big Banks," CICC lowers the target price for GREENTOWN CHINA to 14 yuan, reducing the profit forecast for this year and next year by about 40%

Greentown China Holdings (SEHK:3900) reported FY 2025 results with a revenue of C¥53.4b and basic EPS of C¥0.08, reflecting thin margins and volatile earnings. The trailing net profit margin is at 0.05%, down from 1% a year earlier, raising concerns about profitability and cash flow. Despite a return to profit in 1H 2025, debt coverage remains weak, and the stock trades at a low P/S of 0.1x compared to industry averages. Investors are urged to consider both the bearish and bullish narratives surrounding the company's financial health and valuation.

Simplywall

Greentown China Holdings (SEHK:3900) Thin 0.05% Net Margin Reinforces Bearish Narratives

HSBC Research has lowered the target price for GREENTOWN CHINA to 9.5 yuan, maintaining a "Hold" rating. The report pointed out that GREENTOWN CHINA's net profit plummeted by 96% last year, mainly due to high minority interest distribution and losses from joint ventures. Management holds a cautious attitude towards this year's sales and land investments, expecting the stock price to remain range-bound in the short term. Considering the slowdown in sales and revenue recognition, HSBC has reduced its revenue forecasts for 2026 and 2027 by 5% and 14%, respectively, and lowered its profit forecasts by 78% and 55%

The "Big Banks" report lowered the target price for GREENTOWN CHINA to 9.5 yuan, maintaining a "Hold" rating

The management of GREENTOWN CHINA stated at the 2025 annual performance meeting that profits are expected to remain under pressure this year, mainly due to inventory destocking leading to a decline in gross margin, and an asset impairment provision of RMB 4.9 billion. The real estate market is still in the bottoming phase, with a slowdown in land market supply and a scarcity of quality land, posing the biggest challenges for investment in recent years. The management will continue to focus on cash flow and profits, maintain a stable dividend policy, and has no plans for adjustments at this time

"Domestic Real Estate" GREENTOWN CHINA: Expects profits to remain under pressure this year, land acquisition and investment work may face the biggest challenge in recent years

MB-GTWN@EC2612A(27990.HK)