Top 20 property developers in China
- By Zhang Junmian
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China.org.cn, May 24, 2011
China Overseas Land & Investment
|
|
Stock Code |
Total Assets (RMB) |
Sales Revenue (RMB) |
Sales Area (million sq m) |
|
0688.HK |
96.4 billion |
56.9 billion |
5.3 million |
China Overseas Land & Investment (COLI) was incorporated in Hong Kong in 1979 as a subsidiary of China State Construction Engineering Corporation. In August 1992, COLI was listed in Hong Kong. On 10 Dec., 2007, it was included in the Hang Seng Index.
COLI is principally engaged in the development and sales of property projects. The Company also operates in other property-related businesses such as property investment, property management, and construction design.
COLI reported 2010 revenue of 37.4 billion yuan, 7.7 times its sales in 2000. Nets profits totaled 10.7 billion yuan, an increase of 66.6 percent over 2009.
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