China Overseas Grand Oceans Group (00081) saw its share price surge more than 5% in Hong Kong trading on Tuesday, buoyed by the release of its latest operational data.

As of the time of writing, the stock was trading up 4.65% at HK$2.925, with turnover reaching HK$15.68 million, according to market data.

In a filing, the company reported that for August 2026, its subsidiaries achieved contracted sales of RMB 2.348 billion and a contracted sales area of 199,100 square meters, representing a year-on-year increase of 10.1% and a decrease of 2.0%, respectively.

For the cumulative period from January to August 2026, the group recorded contracted sales of RMB 24.421 billion and a contracted sales area of 2,094,100 square meters, up 17.5% and 12.3% year-on-year, respectively.

As of the end of August 2026, the group's cumulative unrecognized contracted sales stood at RMB 575 million, with a corresponding unrecognized contracted area of 44,400 square meters.

During August 2026, the group expanded its land bank by acquiring five new projects in Xuzhou's Yunlong District (Jiangsu Province), Ganzhou's Economic Development Zone (Jiangxi Province), Nanning's Xixiangtang District (Guangxi Zhuang Autonomous Region), Hefei's Yaohai District (Anhui Province), and Yiwu (Zhejiang Province). These projects add a total gross floor area of 635,000 square meters, with an aggregate land cost of RMB 2.623 billion.

Over the period from January 1 to August 31, 2026, the group cumulatively acquired new projects with a total gross floor area of 1.28 million square meters, bringing total land costs to RMB 5.25 billion. The attributable gross floor area and attributable land costs were RMB 1.28 million square meters and RMB 5.25 billion, respectively.