Poly Real Estate sales surge in January

Source: Xinhua| 2018-02-11 18:20:05|Editor: Zhou Xin
Video PlayerClose

BEIJING, Feb. 11 (Xinhua) -- Poly Real Estate Group, one of China's largest developers, posted surging sales in January despite a cooling property market nationwide.

Sales soared 106.4 percent year on year to 31.6 billion yuan (about 5 billion U.S. dollars) last month, the company said in a filing to the Shanghai Stock Exchange.

It was faster growth than the 47.2-percent increase reported in 2017.

The company saw net profits attributable to shareholders rise 26.3 percent last year to 15.7 billion yuan, according to an earlier unaudited financial report.

The strong performance came amid a cooling property market as local governments toughened measures to rein in speculation, especially in major cities.

China's overall property sales area increased by 7.9 percent year on year in the first 11 months of 2017, down from 24.3 percent for the same period of 2016.

Big developers are more capable of pooling resources and funds in a tightened market environment, hence likely to grab larger market shares, said Elly Chen, head of China real estate research at Nomura.

The industrial consolidation will continue this year, she said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001369673811
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
香蕉久久99综合一区二区三区 | 亚洲精品在线视频 | 伊人久久大香线蕉综合网蜜芽 | 天天综合网久久网亚洲 | 香港三级欧美国产精品 | 色多多视频在线观看51 |