{"id":102752,"date":"2019-01-08T06:00:32","date_gmt":"2019-01-07T23:00:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-targets-modest-sales-growth-for-2019-amid-weak-outlook-for-property-market\/"},"modified":"2019-01-08T06:04:02","modified_gmt":"2019-01-07T23:04:02","slug":"china-evergrande-targets-modest-sales-growth-for-2019-amid-weak-outlook-for-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-targets-modest-sales-growth-for-2019-amid-weak-outlook-for-property-market\/","title":{"rendered":"China Evergrande targets modest sales growth for 2019 amid weak outlook for property market"},"content":{"rendered":"<p>&#013;<br \/>\nChina Evergrande Group, one of the country\u2019s biggest property developers, has set its sales growth target for 2019 at the lowest in at least five years amid weakening demand.<br \/>\nEvergrande is targeting 600 billion yuan (US$88 billion) in contracted sales this year, according to a filing to the Hong Kong stock exchange on Monday. That is 9 per cent higher than the 551 billion yuan of contracted sales recorded last year, the most modest goal in terms of growth since at least 2015, according to&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/2181066\/china-evergrande-targets-modest-sales-growth-2019-amid-weak\" target=\"_blank\">China Evergrande targets modest sales growth for 2019 amid weak outlook for property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Evergrande Group, one of the country\u2019s biggest property developers, has set its sales growth&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102752","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qJi","jetpack-related-posts":[{"id":83807,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/top-chinese-developers-lower-growth-expectations-for-2018\/","url_meta":{"origin":102752,"position":0},"title":"Top Chinese developers lower growth expectations for 2018","date":"March 27, 2018","format":false,"excerpt":"\r 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118405,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-stays-upbeat-on-home-sales-target-amid-margin-squeeze-losses-in-electric-car-venture\/","url_meta":{"origin":102752,"position":1},"title":"China Evergrande stays upbeat on home sales target amid margin squeeze, losses in electric car venture","date":"August 31, 2020","format":false,"excerpt":"\r China Evergrande, the country\u2019s biggest property developer by sales, is confident of achieving its sales target even as the group faces its biggest financial challenge after profit slumped on impact from the Covid-19 outbreak. It will focus on paring its debt burden.The developer posted a 24 per cent gain\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raised-2016-property-sales-target-to-300-billion-yuan\/","url_meta":{"origin":102752,"position":2},"title":"China Evergrande raised 2016 property sales target to 300 billion yuan","date":"August 9, 2016","format":false,"excerpt":"\r Guangdong-based China Evergrande Group, the country\u2019s second largest property developer, has raised its 2016 full-year sales target by 50 per cent to 300 billion yuan amid strong home sales.\r \r Source : South China Morning Post\r Read more...China Evergrande raised 2016 property sales target to 300 billion yuan","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-evergrande-delivers-whopping-101pc-rise-in-half-time-profit\/","url_meta":{"origin":102752,"position":3},"title":"Developer Evergrande delivers whopping 101pc rise in half-time profit","date":"August 28, 2018","format":false,"excerpt":"\r China Evergrande, the country\u2019s third largest property developer by sales, posted a thumping 101.5 per cent surge in first-half core profit on Tuesday, and officials said they expect to easily top its annual sales targets, despite Beijing\u2019s measures to cool the still-overheating national housing market. Interim core profit came\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-first-half-sales-jump-72-per-cent\/","url_meta":{"origin":102752,"position":4},"title":"China Evergrande\u2019s first-half sales jump 72 per cent","date":"July 4, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest homebuilder, said its first-half contracted sales rose 72 per cent from a year earlier to 244 billion yuan. That\u2019s 54 per cent of the company\u2019s sales target of 450 billion yuan for the year. Evergrande achieved sales of 61.1 billion yuan in June,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112322,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/teslas-chinese-challenger-evergrande-slams-brakes-on-electric-car-investments-amid-slowing-sales\/","url_meta":{"origin":102752,"position":5},"title":"Tesla\u2019s Chinese challenger Evergrande slams brakes on electric car investments amid slowing sales","date":"November 13, 2019","format":false,"excerpt":"\r China Evergrande plans to slow down its pace of investments in electric vehicles as sales of the environmentally friendly cars continue to fall in the mainland, but the company says it is on track to debut its \u201cHengchi 1\u201d model next year.The company, which sees itself as Tesla\u2019s main\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102752"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=102752"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102752\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}