HKG:0688

4 stories mentioning HKG:0688

Every FINWIRES story that references HKG:0688, newest first.

China Overseas Land Logs 27.3 Billion Yuan in May Contracted Sales

China Overseas Land & Investment (HKG:0688) recorded contracted sales of around 27.3 billion yuan in May, up 14% from a year prior, according to a Thursday Hong Kong bourse filing.The property firm's sales area in the month rose 11% to approximately 905,500 square meters.For the five months ended May 31, contracted sales jumped 14% to 103 billion yuan, while sales area fell 6% to over 3.5 million square meters.As of May 31, the firm logged subscribed property sales of about 11.5 billion yuan.New land holdings for the month comprised two land parcels in Zhuhai and Suzhou with an attributable gross floor area of approximately 110,843 square meters and a land premium of 2.49 billion yuan.

HKG:0688

Asia38d ago

China Overseas Land's Contracted Sales Climb 20% in April

China Overseas Land & Investment (HKG:0688) recorded contracted sales of around 24.2 billion yuan in April, up 20% from a year prior, according to a Friday Hong Kong bourse filing.The property firm's sales area for the month rose 9% year over year to approximately 802,100 square meters.In April, new land holdings comprised four land parcels in Xi'an, Haikou, Changsha, and Ji'nan with an attributable gross floor area of around 501,931 square meters and attributable land premium of 3.04 billion yuan.One new land parcel was also acquired for a development project in Yuen Long District, Hong Kong.For the four months ended April 30, contracted sales jumped 14% to roughly 75.7 billion yuan, while sales area slipped 11% to 2.6 million square meters.As of April 30, subscribed property sales stood at about 11.6 billion yuan.

HKG:0688

Asia46d ago

China Overseas Land's Sales Rise 11% in Q1

China Overseas Land & Investment (HKG:0688) recorded contracted property sales of 51.5 billion yuan for the first quarter, up 11% from a year earlier, according to a Wednesday Hong Kong bourse filing.Shares of the developer were down nearly 1% in Thursday morning trade.Revenue for the period came in at 37 billion yuan, the filing said.

HKG:0688

Asia55d ago

MTR Awards Tender For Kam Sheung Road Phase 2 Project

MTR (HKG:0066) awarded the tender for the Kam Sheung Road Station Phase 2 project to a consortium made up of Sino Land (HKG:0083), China Overseas Land & Investment (HKG:0688), China Merchants Land (HKG:0978), and Great Eagle (HKG:0041), according to a statement Tuesday.The consortium will be entitled to the future ownership of the commercial portion of the development, MTR said.MTR received eight bids for the project after attracting 31 expressions of interest.The site is reportedly valued at HK$3.62 billion to HK$7.24 billion, or HK$3,000 to HK$6,000 per square foot, and is expected to provide about 1,290 flats across 1.21 million square feet.

HKG:0041HKG:0066HKG:0083HKG:0688HKG:0978