Shimao Group (HKG:0813) recorded contracted sales of about 1.5 billion yuan in November, with a sold area of 123,395 square meters, a Dec. 5 Hong Kong bourse filing said.
Shares of the firm were down over 1% in Monday morning trade.
The developer's average selling price for the month was 12,260 yuan per square meter.
For the 11 months ended Nov. 30, contracted sales reached roughly 22.4 billion yuan, with a sold area of about 1.84 million square meters and an average selling price of 12,162 yuan per square meter.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments