Citigroup: Positive catalyst for China Overseas Development (00688.HK) as strong sales are expected to continue in the next quarter

According to the Wise Wealth Finance APP, Citigroup released a research report stating that it is observing the positive catalysts of China Overseas Development (00688.HK) for 30 days. This is due to the company's land acquisition amount last year being the highest in the industry, with an investment of 92.4 billion RMB in 15 cities. The target price is now set at 14.2 Hong Kong dollars with a "buy" rating.