CHINA OVERSEAS Apr Contracted Property Sales Up 20% YoY; 4M26 Up 13.7%
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CHINA OVERSEASreported a 20% year-on-year increase in contracted property sales for April, totaling approximately RMB24.191 billion. Cumulative sales for the first four months rose 13.7% to about RMB75.711 billion. The company added four land parcels in various cities and acquired land for a new development project in Hong Kong. As of April 30, subscribed property sales reached approximately RMB11.608 billion, expected to convert into contracted sales soon. The cumulative newly added gross floor area for the year was about 0.6339 million square meters.
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