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China Overseas Hits 09 Sales Target
China Overseas Land & Investment (0688.HK) (COLI) sold 4.3 million square meters of land in the first ten months of this year, equal to the company's adjusted yearly sales target, for RMB 38 billion, guandian.cn reported quoting company Vice Chairman and General Manager Kong Qingping on November 3. According to Kong, COLI has added 8.4 million square meters to its land bank so far this year, the report said.
The company had raised its original 2009 sales target in August.
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