China Overseas Land climbs on H1 revenue, contract sales growth
BUZZ-China Overseas Land climbs on H1 revenue, contract sales growth ** Shares of China Overseas Land 0688.HK climb 4.9% to HK$14.46, on course for the biggest one-day pct gain since May 6
** Stock touches the highest level since August 20, snapping three straight sessions of decline
** Top pct gainer in Hang Seng Property Index .HSNP, which is up 0.9%
** The property developer says its H1 revenue rose 17.3% y/y to 97.6 billion yuan ($14.52 billion), contracted property sales increased 11.8% y/y to 134.35 billion yuan, while profit attributable fell 18.2% y/y to 7.03 billion yuan
** YTD, stock up 17.6%, benchmark Hsng Seng Index .HSI up 0.3%
($1 = 6.7207 Chinese yuan renminbi)
(Reporting by Donny Kwok)
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