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BRIEF-Hua Yuan Property's Q1 contract sales down 36 pct

April 29 (Reuters) - Hua Yuan Property Co Ltd * Says Q1 contract sales down 36.0 percent y/y at about 701 million yuan ($108.12 million) Source text in Chinese: http://bit.ly/26zL9yE Further company coverage: ($1 = 6.4836 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)