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China Overseas Land reports June sales

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China Overseas Land reports June sales

China OverseasLand & Investment Ltd. said that in June, its contracted salesamounted to HK$23.12 billion for about 1,316,100 square meters of sold floorarea.

In June 2015, the company recorded around HK$22.33 billion of contracted sales.

First-half 2016 contracted sales came out to about HK$95.26billion, up from first-half 2015 sales of around HK$85.45 billion.

In a separate filing, the company said that it andsubsidiaries did not buy any land parcel in June. Year-to-date, the company hasbought four sites in China and Hong Kong for a total of about 8.20 billionChinese yuan.

As of July 13, US$1was equivalent to 6.69 Chinese yuan.