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CHINA PROPERTY

China Overseas Land Q3 operating profit doubles on Citic assets buy

Wednesday, October 19, 2016 - 05:50

Hong Kong

STATE-OWNED property developer China Overseas Land & Investment Ltd said on Tuesday its operating profit in the third quarter jumped 110 per cent from a year ago, benefitting from the acquisition of the residential property business of conglomerate Citic Ltd.

sentifi.com

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