Summary by Moomoo AI
Lung Chung China Holdings Limited (“Lung Chung China”) released unaudited operating data for April 2024 on 7 May 2024. The data showed that China Fusion and its subsidiaries, joint ventures and joint ventures achieved contract sales of about RMB124.5 billion this month, with a contract sales area of about 26.7 million square meters, with an average selling price of about RMB46,630 per square meter. As of end-April 2024, cumulative contract sales amounted to RMB224.5 billion, with a cumulative sales area of 112.5 million square meters, with an average sales price of about RMB19,960 per square meter. THE COMPANY EMPHASIZES THAT THE ABOVE SALES DATA ARE BASED ON PRELIMINARY INTERNAL DATA AND ARE UNAUDITED. THERE ARE UNCERTAINTIES AND ARE FOR INVESTOR REFERENCE ONLY. Investors should be cautious when buying and selling Chinese securities and seek professional advice.