CHINA OVERSEAS(HK:00688) Cai Jing Wang·2025-12-04 10:32Core Viewpoint - China Overseas Development reported a significant decline in property sales for the period of January to November 2025, indicating ongoing challenges in the real estate market [1] Group 1: Monthly Performance - In November, the contracted property sales amounted to approximately RMB 22.235 billion, representing a year-on-year decrease of 26.0% [1] - The corresponding sales area for November was about 774,400 square meters, down 29.8% year-on-year [1] Group 2: Year-to-Date Performance - For the period from January to November, the cumulative contracted property sales reached approximately RMB 211.399 billion, reflecting a year-on-year decline of 21.8% [1] - The total sales area for the same period was around 9,228,400 square meters, which is a decrease of 9.4% year-on-year [1] Group 3: Future Sales Expectations - As of November 30, 2025, China Overseas Development recorded recognized property sales of approximately RMB 5.068 billion, which is expected to convert into contracted property sales in the coming months [1]