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Property sales up
Source: Xinhua |
November 6, 2010, Saturday
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Print Edition
Print Edition
CHINA Vanke Co, the country's largest property developer by market value, yesterday said its sales in October more than doubled from a year earlier despite the government's second round of tightening moves.
In a statement filed to the Shenzhen Stock Exchange, the developer said its combined sales nationwide hit 15.51 billion yuan (US$2.31 billion) in October on the back of 1.31 million square meters of floor space sold, a 115 percent increase from the same period last year.
During the first 10 months of this year, the Shenzhen-based developer sold 7.32 million square meters of floor space in total, earning it 86.9 billion yuan
In a statement filed to the Shenzhen Stock Exchange, the developer said its combined sales nationwide hit 15.51 billion yuan (US$2.31 billion) in October on the back of 1.31 million square meters of floor space sold, a 115 percent increase from the same period last year.
During the first 10 months of this year, the Shenzhen-based developer sold 7.32 million square meters of floor space in total, earning it 86.9 billion yuan
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