Greentown China (03900) rose nearly 4% in the morning. As of the publication, it rose 3.73% to HKD 6.39, with a turnover of HKD 43.0039 million.
According to the Futu Securities app, Greentown China (03900) rose nearly 4% in the morning. As of the publication, it rose 3.73% to HKD 6.39, with a turnover of HKD 43.0039 million.
On the news front, according to Guandian Net, on September 20th, three residential land parcels including Xihu Yungu, Xiaoshan Municipality North Unit, and Yuhang Liangzhu were auctioned in Hangzhou City today. The total construction area of the three parcels is 0.347 million square meters, with a total starting price of RMB 4.29 billion. Among them, the residential land parcel in Xiaoshan District was won by Hangzhou Zhefan Property (a subsidiary of Greentown China) at a total price of RMB 1.406 billion, with a premium rate of 16.58% over the minimum price of RMB 1.206 billion. The floor price is RMB 29,145 per square meter. The auctioned land has an area of 26,808 square meters, a plot ratio of 1.8, and a construction area of 48,254.4 square meters.
GTJA previously pointed out that the company's main operations are carried out in Hangzhou, and they have been continuously acquiring land in Hangzhou since 2024. In July, they again acquired 2 pieces of land with a high premium rate. According to data from CRIC and CNINDEX, in July, the company's new land reserves amounted to RMB 10.3 billion, including 2 new land reserves in Hangzhou.