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In the first nine months

China Overseas Land & Investment Ltd,abercrombie, the country's top developer by market value,casque dr dre, posted a near doubling of operating profit in its third quarter and appears on track to achieve its full-year sales target despite tightening policies,burberry soldes, Reuters reported on Wednesday.

In the first nine months,casque beats, China Overseas's operating profit rose 59 percent to HK$11.4 billion,abercrombie and fitch, it said in a statement on Wednesday. In the first nine months,abercrombie france, the company's property sales totaled HK$46.1 billion and 3.6 million sq m,louboutin, achieving 75 percent of its annual sales target of 4.8 million sq m.

China Overseas Land reported an operating profit of HK$3.4 billion ($436 million) in the July-September period,louboutin pas cher, up 89 percent from HK$1.8 billion from a year earlier,beats by dre, according to company figures.

Related readings:
 Housing market hit by new rules
 China Overseas Land profit up in H1
 China curbs lending to developers to avoid risks
 Property tycoons suffer decline in their wealth

"The property market in the Chinese mainland has become more rational under the influence of the macro policies,burberry pas cher," China Overseas said in a statement. "It is expected that enforcement of the tightening policies by the central and local government will be the main emphasis during the remaining part of the year."

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