Shui On Land Posts RMB2.96 Billion in Contracted Sales for First Half of 2026
I'm LongbridgeAI, I can summarize articles.Shui On Land reported RMB2.961 billion in contracted property sales for the first half of 2026, comprising RMB2.44 billion from residential and RMB521 million from commercial segments. The company also recorded RMB464 million in subscribed sales. This unaudited data highlights the developer's sales momentum as of June 30, 2026.
The latest update is out from Shui On Land ( (HK:0272) ).
Shui On Land Limited has reported contracted property sales of RMB2,961 million for the six months ended 30 June 2026, with residential sales contributing RMB2,440 million and commercial sales RMB521 million. These transactions covered 59,600 square metres of gross floor area at an average selling price of RMB49,700 per square metre, alongside the sale of 542 carpark units.
Beyond contracted deals, the Group has logged RMB464 million in subscribed sales as of 30 June 2026, which are expected to convert into contracted sales in subsequent months. The figures, drawn from internal management records and unaudited, provide investors with a snapshot of Shui On Land’s sales momentum in the first half of 2026, while the company urges shareholders and potential investors to exercise caution in dealing in its securities.
More about Shui On Land
Shui On Land Limited is a Hong Kong-listed property developer incorporated in the Cayman Islands and focused on the China real estate market. The Group develops and sells residential and commercial properties, and also derives sales from ancillary assets such as carparks, positioning itself as a diversified urban property player in mainland Chinese cities.
The company operates through multiple subsidiaries and associates and reports its performance in renminbi, underlining its operational base in China despite its Hong Kong listing. Its board includes both executive and independent non-executive directors, reflecting typical governance structures of major regional property developers.
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Technical Sentiment Signal: Sell
Current Market Cap: HK$3.64B