China Overseas Land Tops Rival Poly with RMB123.6B Equity Sales in H1
China Overseas Land & Investment reported equity sales of RMB123.6 billion in the first half of 2026, overtaking Poly Developments by RMB17.1 billion to lead the industry ranking. Contracted sales, including joint ventures, reached RMB134.35 billion, up 11.8% year on year. The company's aggressive land acquisition in 2025, focused on first-tier cities, drove growth amid a 13.6% industry-wide decline.
In the first half of 2026, China Overseas Land & Investment achieved equity sales of RMB123.6 billion, surpassing Poly Developments by RMB17.1 billion to rank first among property developers by equity sales. The company stepped up land acquisitions in 2025, with investments concentrated in first-tier cities, which supported sales growth. According to its financial report released on August 26, China Overseas Land & Investment and its joint ventures and associates recorded contracted sales of RMB134.35 billion, up 11.8% year on year.
During the same period, total sales of the top 100 developers by full-caliber sales fell 13.6% year on year. Among the top ten developers, four central state-owned enterprises—China Overseas Land & Investment, China Resources Land, China Merchants Shekou, and China Jinmao—achieved positive sales growth, with China Overseas Land & Investment posting growth exceeding 10%.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is mixed for Residential Development, with intensity 60/100 and 75% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.