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China Overseas Land & Investment ( (HK:0688) ) just unveiled an update.
China Overseas Land & Investment Limited reported a significant increase in contracted property sales for May 2025, amounting to approximately RMB23.854 billion, marking a 21.1% year-on-year growth. However, the sales area saw a decrease of 19.1% compared to the previous year. From January to May 2025, the accumulated contracted property sales reached RMB90.438 billion, with a decrease in sales area by 5.6% year-on-year. The company also recorded subscribed property sales of approximately RMB9.847 billion, expected to convert into contracted sales in the coming months, indicating a steady pipeline of future revenue.
The most recent analyst rating on (HK:0688) stock is a Buy with a HK$15.90 price target. To see the full list of analyst forecasts on China Overseas Land & Investment stock, see the HK:0688 Stock Forecast page.
More about China Overseas Land & Investment
China Overseas Land & Investment Limited is a prominent player in the real estate industry, focusing on property development and investment. The company operates through its subsidiaries, joint ventures, and associates, collectively known as the China Overseas Series of Companies, with a market focus that spans various regions including Southern, Eastern, Central and Western, and Northern China, as well as Hong Kong, Macau, and overseas.
Average Trading Volume: 24,000,013
Technical Sentiment Signal: Sell
Current Market Cap: HK$142.3B
For a thorough assessment of 0688 stock, go to TipRanks’ Stock Analysis page.