Industries > Real Estate

Chinese real estate giant reports rising property sales in October

Xinhua News,BEIJING
2020-11-10 08:23

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BEIJING, Nov. 9 (Xinhua) -- Major Chinese real estate developer Poly Developments and Holdings Group Co., also known as Poly Real Estate, reported sales growth last month.

Its contracted property sales surged by 36.93 percent year on year to 55.37 billion yuan (about 8.35 billion U.S. dollars) in October, the company said in a statement.

Meanwhile, its contracted floor area sold reached 4.12 million square meters, up 45.71 percent year on year, the statement showed.

The company's contracted property sales for the first 10 months of this year totaled 422.7 billion yuan, up 9.18 percent from the same period last year.
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