China Overseas Land & Investment Posts Higher Sales and Expands Land Bank in Early 2026
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China Overseas Land & Investment (HK:0688) reported a 20% year-on-year increase in contracted property sales for April 2026, totaling approximately RMB24.19 billion. Cumulatively, sales from January to April rose 13.7% to RMB75.71 billion. The company expanded its land bank with four new parcels totaling about 502,000 square meters and RMB3.04 billion in land premium. Analysts rate the stock as a Buy with a target price of HK$14.00. The company focuses on residential and commercial real estate in mainland China and Hong Kong.
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