China Overseas Land slips as September property sales dip

China Overseas Land & Investment

12/10/2026 05:43

** Shares of China Overseas Land & Investment 0688.HK slip 2.6% to HK$12.92, on course for the biggest one-day pct decline since October 2 
** Stock touches the lowest level since October 7 
** The Chinese property developer says its contracted property sales for September fell 22.8% y/y to 15.58 billion yuan ($2.33 billion) and sales area dropped 38.9% y/y to 558,700 square meters   
** YTD, stock up 5.9%, while benchmark Hang Seng Index .HSI down 5.4%


($1 = 6.6917 Chinese yuan renminbi)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))