20 August 2019

Vanke February property sales tumble, filing says

China Vanke Co. Ltd. (000002.CN), one of the country’s major property developers, booked sales of 12.15 billion yuan (US$1.99 billion) in February, down 56.1 percent from January, it said in a filing Wednesday. Sales by floor space fell 49.7 percent from the previous month. In the first two months of the year, the company sold 39.79 billion yuan worth of property, up 39.9 percent year on year, the filing said.

– Contact HKEJ at [email protected]



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