China Overseas Land Says First-Half Profit Rises as Sales Expand

China Overseas Land Says First-Half Profit Rises as Sales Expand

Nelson Ching/Bloomberg

A woman uses a mobile phone as she walks along the waterfront of the Pearl River in Guangzhou. Home prices in Guangzhou and Beijing rose at least 20 percent in July from last year, according to SouFun Holdings Ltd., China’s biggest real estate website.