{"id":115300,"date":"2020-03-31T21:41:57","date_gmt":"2020-03-31T14:41:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-biggest-developer-evergrande-sees-sales-soar-thanks-to-nationwide-discounts-as-rivals-battle-for-survival-amid-covid-19\/"},"modified":"2020-03-31T22:04:44","modified_gmt":"2020-03-31T15:04:44","slug":"chinas-biggest-developer-evergrande-sees-sales-soar-thanks-to-nationwide-discounts-as-rivals-battle-for-survival-amid-covid-19","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-biggest-developer-evergrande-sees-sales-soar-thanks-to-nationwide-discounts-as-rivals-battle-for-survival-amid-covid-19\/","title":{"rendered":"China\u2019s biggest developer Evergrande sees sales soar thanks to nationwide discounts as rivals battle for survival amid Covid-19"},"content":{"rendered":"


\nChina Evergrande, the country\u2019s biggest home builder, has raised its sales target aggressively after sales soared this year as its rivals struggled for survival amid the coronavirus outbreak.The developer said on Tuesday its sales in the first quarter climbed by a fifth, mainly thanks to a nationwide campaign offering discounts at all its projects, via its mobile sales app.\u201cWhen all the developers cannot sell, we are the only one that can. We\u2019ve done great amid such difficult times,\u201d said\u2026
\n
\nSource : South China Morning Post
\nRead more…China\u2019s biggest developer Evergrande sees sales soar thanks to nationwide discounts as rivals battle for survival amid Covid-19<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande, the country\u2019s biggest home builder, has raised its sales target aggressively after sales...<\/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-115300","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-tZG","jetpack-related-posts":[{"id":118250,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-countrys-biggest-developer-by-sales-says-coronavirus-discounts-to-blame-for-expected-46-per-cent-decline-in-first-half-profit\/","url_meta":{"origin":115300,"position":0},"title":"China Evergrande, country\u2019s biggest developer by sales, says coronavirus, discounts to blame for expected 46 per cent decline in first-half profit","date":"August 17, 2020","format":false,"excerpt":"\r China Evergrande, the country\u2019s biggest property developer by sales, said its net profit for the first half of 2020 is expected to decline by about 46 per cent to 14.7 billion yuan (US$2.1 billion) because of the coronavirus pandemic and discounts offered to buyers.The setback is mainly due to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-slashes-property-prices-by-30-per-cent-across-china-for-one-month-sounding-clarion-call-on-discount-war\/","url_meta":{"origin":115300,"position":1},"title":"Evergrande slashes property prices by 30 per cent across China for one month, sounding clarion call on discount war","date":"September 7, 2020","format":false,"excerpt":"\r China Evergrande, the country\u2019s biggest home seller, said it would slash 30 per cent off the price of every real estate project nationwide for a month, in an unprecedented step that could kick off a spate of competitive discounts as cash-starved developers boost sales to raise cash in a\u2026","rel":"","context":"In "Property News"","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":115300,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-slashes-prices-of-all-new-flats-by-a-quarter-as-coronavirus-leaves-developers-struggling-with-plunging-house-sales\/","url_meta":{"origin":115300,"position":3},"title":"China Evergrande slashes prices of all new flats by a quarter as coronavirus leaves developers struggling with plunging house sales","date":"February 17, 2020","format":false,"excerpt":"\r One of China\u2019s largest developers will slash the prices of all its new flats by a quarter in what it says is the biggest ever nationwide price cut, as the coronavirus outbreak threatens to derail China\u2019s all-important housing market.China Evergrande, the country\u2019s third biggest builder by value, said it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118875,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-30-per-cent-discounts-get-worlds-most-indebted-developer-within-sight-of-sales-goal-allay-cash-crunch-fears\/","url_meta":{"origin":115300,"position":4},"title":"China Evergrande\u2019s 30-per cent discounts get world\u2019s most indebted developer within sight of sales goal, allay cash crunch fears","date":"October 9, 2020","format":false,"excerpt":"\r China Evergrande Group said a nationwide marketing campaign comprising 30-per cent discounts has brought it closer to hitting its ambitious full-year sales goal, as the world\u2019s most indebted property developer pulls out all stops to generate cash to repay debt.The Guangzhou-based developer sold 141.63 billion yuan (US$21.1 billion) of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-shares-soar-on-forecast-its-profit-would-triple\/","url_meta":{"origin":115300,"position":5},"title":"Evergrande shares soar on forecast its profit would triple","date":"July 26, 2017","format":false,"excerpt":"\r Shares of China Evergrande Group jumped by the most in almost two months on the Hong Kong stock exchange, after the developer said its first-half profit would triple, driven by China\u2019s soaring property prices and increasing sales. Evergrande shares jumped as much as 15.2 per cent to an intraday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115300"}],"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=115300"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115300\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}