ChinaFortuneLandDevelopment:Stableresidentialsales,higherASP;greaterefforttogaininvestmentfromservicesector分享Weestimate2016salesatRmb89bn,up23%YoY.Weexpectgrowthinthecompany'ssalesGFAtoslow,andestimate2016salesgrossfloorarea(GFA)at8msqm(+3.8%YoY).However,welookforanaveragesellingprice(ASP)ofRmb9,375/sqm,helpedbyhigherpricesincitiesnearBeijing,andfullyearresidentialsale...