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688 China Overseas Land & Investment News Story

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China Overseas Land set for best day in 9 weeks on March property sales growth

** China Overseas Land & Investment 0688.HK climbs 3.3% to HK$12.12; set for biggest one-day pct gain since February 4

** Stock second-biggest pct gainer on Hang Seng Mainland Properties Index .HSMPI, which is up 0.7%

** Chinese property developer, with market cap of $16.8 bln, says March contracted property sales jumped 34.8% y/y, sales up 11% y/y for January-March quarter

** YTD, stock down 1.8%, benchmark Hang Seng Index .HSI up 1.1%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))

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