HKG:3900

Hong Kong Authorities Search Greentown China Office

Greentown China (HKG:3900) said Hong Kong authorities searched its local office as part of a corruption investigation into a former director, according to a Thursday filing with the Hong Kong bourse.The firm said it is assisting with the Independent Commission Against Corruption of Hong Kong and that its business operations remain normal in all material aspects.

Greentown China Logs 13.4 Billion Yuan in May Sales

Greentown China (HKG:3900) posted sales of about 13.4 billion yuan in May, according to a Thursday filing with the Hong Kong bourse.The group sold 2,122 units of self-investment projects during the month, with a sales area of roughly 320,000 square meters.The average selling price for the month was 41,798 yuan per square meter.Contracted sales in the first five months of 2026 amounted to about 48.5 billion yuan. As of the end of May, the property developer recorded subscription sales of around 3.2 billion yuan.

Greentown China Prices $300 Million Note Offering

Greentown China (HKG:3900) priced an offshore debt offering to raise $300 million, according to a Wednesday filing with the Hong Kong bourse.The property developer is raising funds via the issue of 7% senior notes due 2029 to refinance existing borrowings.Completion is expected to take place on May 19, the firm said.

Greentown China to Conduct Offshore Debt Offering

Greentown China (HKG:3900) plans to conduct an offshore debt offering to refinance existing borrowings, according to a Tuesday filing with the Hong Kong bourse.The offering will be priced following a book-building exercise by Deutsche Bank, HSBC, Guotai Junan International, J.P. Morgan, Soochow Securities (Hong Kong), and UBS.The property developer's shares were up 2% in recent trade.

Greentown China Logs 9.6 Billion Yuan in April Sales

Greentown China Holdings (HKG:3900) reported total sales, including contracted and subscription sales, of about 9.6 billion yuan in April, according to a Thursday filing with the Hong Kong bourse.The property developer's shares gained nearly 1% in morning trade on Friday.The group sold 1,742 units of self-investment projects during the month, with a sales area of roughly 260,000 square meters.The average selling price for the month was 36,399 yuan per square meter.Contracted sales in the first four months of 2026 amounted to about 36 billion yuan. As of the end of April, the property firm recorded subscription sales of around 2.2 billion yuan.

GF Securities Starts Greentown China at Buy with HK$14.20 Price Target