CHINA OVERSEAS(HK:00688) Cai Jing Wang·2025-08-06 09:09Core Insights - China Overseas Land & Investment Limited (COLI) reported its unaudited operational data for January to July 2025, indicating a decline in contract property sales in July compared to the previous year [1] Sales Performance - In July, the contract property sales amounted to approximately RMB 11.85 billion, representing a year-on-year decrease of 10.2% [1] - The corresponding sales area for July was about 660,200 square meters, showing a year-on-year increase of 20.8% [1] - For the period from January to July, the total contract property sales reached approximately RMB 132 billion, reflecting a year-on-year decline of 18.3% [1] - The cumulative sales area for the same period was around 5,780,000 square meters, which is a decrease of 3.4% year-on-year [1] Property Acquisition - As of July 31, 2025, COLI recorded recognized property sales of approximately RMB 7.21 billion [1] - In July, the company acquired five land parcels in Shenzhen, Jinan, and Shanghai, with a total equity gross floor area of approximately 511,547.77 square meters [1] - The total equity land premium for these acquisitions was about RMB 1.49 billion [1] - Cumulatively, the land acquired by the group has a total gross floor area of approximately 3,079,298.69 square meters, with total payable equity land premiums amounting to around RMB 5.50 billion [1]