Greentown Service Group Co Ltd Shs Regulation S

02869: XHKG (HKG)

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Despite Significant Rallies in China Real Estate Shares, Home Sales Require Longer to Recover

Jeff Zhang

May 7, 2026

Major Chinese property developers, including state-owned China Overseas Land and Investment and China Resources Land, have had 15%-25% gains in share prices since April 28. That said, the sales value of the top 100 developers slid by 19% year on year in January-April 2026, per third-party data.

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Greentown Service Group Co Ltd Shs Regulation S

Despite Significant Rallies in China Real Estate Shares, Home Sales Require Longer to Recover

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