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China Overseas Land & Investment ( (HK:0688) ) just unveiled an announcement.
China Overseas Land & Investment Limited reported a decrease in property sales for the first four months of 2025, with a 7.5% year-on-year drop in April’s contracted sales amounting to approximately RMB20.164 billion. The company also experienced a 21.2% decline in sales area for the same month. Accumulated sales from January to April 2025 reached approximately RMB66.583 billion, marking an 18.8% decrease compared to the previous year. Despite these declines, the company has recorded subscribed property sales of approximately RMB7.956 billion, expected to convert into contracted sales in the coming months.
More about China Overseas Land & Investment
China Overseas Land & Investment Limited operates in the real estate industry, focusing on property development and investment. The company, along with its subsidiaries, joint ventures, and associates, is involved in property sales and land acquisition activities across various regions, including Southern, Eastern, Central and Western, Northern, and overseas markets.
Average Trading Volume: 31,810,583
Technical Sentiment Signal: Hold
Current Market Cap: HK$147.8B
See more insights into 0688 stock on TipRanks’ Stock Analysis page.