Ying Li

Ying Li: Announced that it had pre-sold 86% of Ying Li Intl Plaza. The launch of phase 1 for the residential units averaged about Rmb10k per sqm and comprised 1 of 3 residential blks. Co has launched the 2nd residential blk on 25 Mar 2012 and 59% of the launch has been sold at avg price of Rmb11k per sqm. Co has stated that remaining units, SOHO and Grade A office space will be launched in subsequent phases over the yr. Ying Li currently trades at 1.3x P/B.