Property News · March 25, 2018

Five Hong Kong-listed Chinese property developers to see big rises in 2017 profit


China’s five major property developers are expected to report combined net profits of just over 100 billion yuan (US$15.8 billion) for 2017, thanks to surging property sales, although curbs on the market by the central government could increase uncertainty over the outlook.
China Vanke, China Evergrande Group, China Overseas Land & Investment, Sunac China Holdings and Shimao Property Holdings are due to report their full-year results beginning on Monday.
According to forecasts in a…

Source : South China Morning Post
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