Property News · August 6, 2024

No earnings reprieve for Chinese developers with home sales, prices in doldrums


Losses in China’s property market are set to continue into the first half this year, after China Vanke raised an alarm last month. On average, earnings could decline by 19 per cent, broker CGS forecasts.

Source : South China Morning Post
Read more…No earnings reprieve for Chinese developers with home sales, prices in doldrums