Ronshine China Shares Plunge Over 10% as Contracted Sales for First Four Months Drop Nearly 40%

Stock News05-27

Ronshine China (03301) fell more than 10%. At the time of writing, the stock was down 10.64% to HK$0.084, with a turnover of HK$299,300.

The decline follows the company's recent announcement of its operational data. In April 2026, the group's total contracted sales amounted to approximately RMB 323.4 million, representing a year-on-year decrease of 1.1%. The contracted building area was about 25,590 square meters, with an average contracted selling price of about RMB 12,639 per square meter.

For the period from January to April, the group's total contracted sales were approximately RMB 856.6 million, marking a significant year-on-year decline of 39.68%. The total contracted building area for this period was about 72,743 square meters, and the average contracted selling price was about RMB 11,776 per square meter.

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