BUZZ-China Overseas Land falls as December contracted sales drop

Reuters01-08

** Shares of China Overseas Land & Investment Ltd fall nearly 4% to HK$12.62, lowest since Dec 11

** Stock on track for biggest one-day pct decline since Jan 2 if trend holds; second biggest pct loser in the Hang Seng Property Index

** Chinese property developer says its contracted property sales for December dropped 40.1% YoY to 22.78 bln yuan ($3.18 bln), with gross floor area sold down 50.2% YoY to 983,500 square meters

** The Hang Seng Property Index falls 1.9%, the Hang Seng Mainland Properties Index drops 2.2% and the Hang Seng Index down 2%

** Stock down 7.8% YTD ($1 = 7.1570 Chinese yuan)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2401603191?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-01-08 13:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2401603191","market":"sh","top_or_hot":-1,"title":"BUZZ-China Overseas Land falls as December contracted sales drop","media":"Reuters","content":"<html><body><p>** Shares of China Overseas Land &amp; Investment Ltd    fall nearly 4% to HK$12.62, lowest since Dec 11</p><p>   ** Stock on track for biggest one-day pct decline since Jan 2 if trend holds; second biggest pct loser in the Hang Seng Property Index   </p><p>   ** Chinese property developer says its contracted property sales for December dropped 40.1% YoY to 22.78 bln yuan ($3.18 bln), with gross floor area sold down 50.2% YoY to 983,500 square meters</p><p>   ** The Hang Seng Property Index falls 1.9%, the Hang Seng Mainland Properties Index    drops 2.2% and the Hang Seng Index    down 2%</p><p>   ** Stock down 7.8% YTD  ($1 = 7.1570 Chinese yuan)</p><p> (Reporting by Donny Kwok)</p><p>((donny.kwok@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-China Overseas Land falls as December contracted sales drop</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-China Overseas Land falls as December contracted sales drop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-08 13:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>** Shares of China Overseas Land & Investment Ltd    fall nearly 4% to HK$12.62, lowest since Dec 11   ** Stock on track for biggest one-day pct decline since Jan 2 if trend holds; second biggest pct ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00688","symbol_name":"中国海外发展","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2401603191","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2401603191","pubTimestamp":1704690631,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Shares of China Overseas Land & Investment Ltd    fall nearly 4% to HK$12.62, lowest since Dec 11   ** Stock on track for biggest one-day pct decline since Jan 2 if trend holds; second biggest pct loser in the Hang Seng Property Index      ** Chinese property developer says its contracted property sales for December dropped 40.1% YoY to 22.78 bln yuan , with gross floor area sold down 50.2% YoY to 983,500 square meters   ** The Hang Seng Property Index falls 1.9%, the Hang Seng Mainland Properties Index    drops 2.2% and the Hang Seng Index    down 2%   ** Stock down 7.8% YTD   ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"00688":"中国海外发展"},"translate_title":"12月合约销售额下降，中国海外土地价格下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00688":0.9},"content_text":"** Shares of China Overseas Land & Investment Ltd    fall nearly 4% to HK$12.62, lowest since Dec 11   ** Stock on track for biggest one-day pct decline since Jan 2 if trend holds; second biggest pct loser in the Hang Seng Property Index      ** Chinese property developer says its contracted property sales for December dropped 40.1% YoY to 22.78 bln yuan ($3.18 bln), with gross floor area sold down 50.2% YoY to 983,500 square meters   ** The Hang Seng Property Index falls 1.9%, the Hang Seng Mainland Properties Index    drops 2.2% and the Hang Seng Index    down 2%   ** Stock down 7.8% YTD  ($1 = 7.1570 Chinese yuan) (Reporting by Donny Kwok)((donny.kwok@thomsonreuters.com))","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2401603191"}