China Overseas Land property sales in November rose 37.4% from a year earlier to HK$2.26bn (US$290m), boosted by strong growth in sales in central and western China.

The mainland property group said November sales rose 11.7% from October, while total sales amounted to HK$25.08bn for the first 11 months of this year, up 34.3% from the year-ago period.

Shrugging off concerns over weak sentiment in the mainland property market, the company said sales so far this year had met its target. It gave no further details.

South China Morning Post