Top Chinese developers that released their annual results on Monday have set modest sales targets for this year amid a less sanguine outlook under financial restrictions introduced by Beijing, and the pursuit of better margins to woo capital markets.
China Evergrande Group and China Overseas Land and Investment have set relatively modest contracted sales targets for 2018 compared with their robust performance last year. China Evergrande has set a target of 550 billion yuan (US$87.57 billion),…
Source : South China Morning Post
Read more…Top Chinese developers lower growth expectations for 2018















