Hopson Development Holdings Reports 58.3% Decline in Total Contracted Sales for First Seven Months

Stock News
08/14

Hopson Development Holdings (0754.HK) has announced that for the seven months ended July 31, 2026, the group, along with its joint ventures and associates, recorded total contracted sales of approximately RMB 3.773 billion, representing a year-on-year decrease of 58.3%. This figure includes property contract sales of about RMB 3.261 billion and decoration contract sales of roughly RMB 512 million.

For the single month of July 2026, the group's total contracted sales amounted to approximately RMB 347 million, comprising property contract sales of about RMB 292 million and decoration contract sales of around RMB 55 million.

During the first seven months of 2026, the contracted sales area for property reached approximately 187,300 square meters, with an average selling price of about RMB 17,410 per square meter.

Additionally, the group's property management projects under the "Hopson" brand, which are non-self-invested assets (Hopson Construction Management Properties), achieved a total contracted sales area of around 15,723 square meters and a contracted sales value of approximately RMB 940 million for the seven-month period. In July 2026 alone, these projects saw a contracted sales area of about 1,533 square meters, with a corresponding sales value of roughly RMB 119 million.

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