25 May 2019

China Vanke November sales down 18% on year, report says

Property developer China Vanke Co. Ltd. (000002.CN) said its contracted sales in November were down 18.04 percent from a year earlier at 14.04 billion yuan (US$2.3 billion), news website reported Wednesday. Property sales volume fell 11.42 percent year on year to 1.272 million square meters last month, it said. For the eleven months to November, Vanke’s contracted sales amounted to 159.88 billion yuan, up 25.74 percent over the same period last year, as it sold 18.21 percent more property at 139.35 million square meters, the report said.

– Contact HKEJ at [email protected]



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