Zhi Tong Cai Jing·2026-01-07 09:35Core Viewpoint - China Overseas Development (00688) reported a significant decline in cumulative contract property sales for 2025, indicating challenges in the real estate market [1] Group 1: Sales Performance - In December 2025, the contract property sales amount for China Overseas series companies was approximately RMB 39.83 billion, representing a year-on-year decrease of 1.0% [1] - The corresponding sales area for December 2025 was about 1.3324 million square meters, showing a year-on-year increase of 2.4% [1] - For the entire year of 2025, the cumulative contract property sales amounted to approximately RMB 251.23 billion, reflecting a year-on-year decline of 19.1% [1] - The cumulative sales area for 2025 was around 10.5608 million square meters, which is an 8.1% decrease compared to the previous year [1] Group 2: Future Expectations - As of December 31, 2025, China Overseas series companies recorded recognized property sales of approximately RMB 2.83 billion, which is expected to convert into contract property sales in the following months [1]