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China Vanke property sales increase in June

July 06, 2020


Abstract : China Vanke Co., Ltd., one of the country's major property developers, saw its sales increase in June.

BEIJING, July 4 (Xinhua) -- China Vanke Co., Ltd., one of the country's major property developers, saw its sales increase in June.

The developer said, in a filing to the Shenzhen Stock Exchange, that its contracted property sales totaled 73.37 billion yuan (about 10.39 billion U.S. dollars) last month, up from 61.28 billion yuan in May.

The sales volume was also higher than the 66.39 billion yuan the company registered in June last year.

For the first half of the year, the company's contracted sales amounted to 320.48 billion yuan, a decrease from 334 billion yuan a year ago. Enditem

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Keyword: Vanke real estate

Reading:

Economic Watch: China sees silver lining to "quarantine economy"

Chinese developer Vanke's revenue up 23.6 pct in 2019

Leading property developers see steady sales growth in January

China's major listed developers post rising sales in Jan.-Nov.

China Vanke sales up 15 pct in August

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