CHINA OVERSEAS(HK:00688) Huan Qiu Wang·2025-11-07 02:31Core Insights - China Overseas Development reported a significant decline in property sales for October 2025, with a total sales amount of approximately 18.66 billion RMB, representing a year-on-year decrease of 55.1% [1] - Cumulative property sales from January to October 2025 reached approximately 189.17 billion RMB, down 21.3% year-on-year [1] - The company added three new land parcels in October 2025, located in Guangzhou, Shanghai, and Shijiazhuang, with a total equity building area of about 395,100 square meters and an equity land price of approximately 7.07 billion RMB [1] Sales Performance - In October 2025, the sales area was approximately 871,600 square meters, reflecting a year-on-year decrease of 40.0% [1] - From January to October 2025, the cumulative sales area was about 8.45 million square meters, which is a decline of 6.9% compared to the previous year [1] Land Acquisition - The total cumulative new land equity building area from January to October 2025 was approximately 4.03 million square meters, with a cumulative equity land price of about 83.71 billion RMB [1]