22 March 2019

Wuhan housing authority blacklists China Vanke, Xinhua says

Wuhan’s housing bureau has put the Wuhan subsidiary of real estate giant China Vanke Co., Ltd. (000002.CN) on a blacklist for selling homes without the necessary pre-sales permits, Xinhua reported Sunday. China Vanke is the second developer after Country Garden Holdings Co., Ltd. (02007.HK) to be taken to task for violating property sales regulations in Wuhan. It also follows the introduction of new property market curbs in the city on Nov. 22, the report said.

– Contact HKEJ at [email protected]



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