Chinese developers see contracted sales climb in first four months

Business | 4 May 2018 6:10 pm

Three Chinese developers reported contracted sales growth for the four months ended April 30.

Shimao Property (0813) saw its contracted sales jumped 53 percent to 41.02 billion yuan. The contracted sold area amounted to 2.56 million square meters, up by 57 percent year-on-year.

Jingrui Holdings Limited (1862) said its aggregated contracted sales rose 4.4 percent year-on-year to 4.36 billion yuan, with a contracted gross floor area of 46,619 square meters.

Fantasia Holdings Group (1777) recorded a 121-time surge in contracted sales to 6.34 million yuan. During the period, the corresponding gross floor area sold was 664,506 square meters.

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