Shenzhen Overseas Chinese Town's (SHE:000069) contracted sales fell 53% year over year to 590 million yuan in January, according to a Tuesday filing with the Shenzhen bourse.
Contracted sales area shrank 45% year over year to 45,000 square meters.
The company received 5.5 million customers at its cultural and tourism businesses, down 15% year over year due to the timing of the Lunar New Year festivities, the report said.
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