China Vanke Co Ltd said on Thursday that preliminary data showed property sales for October jumped 137.3 percent from a year earlier to 15.51 billion yuan .
China Vanke Co, the nation's biggest listed property developer, recorded a monthly sales record of 14.2 billion yuan ($22.1 billion) in September, 160 percent up from a year ago, according to its statement filed with Shenzhen Stock Exchange.
China Vanke Co has failed in its 11.2-billion-yuan additional issue plan after it expired Wednesday and the company failed to extend the date, the Shanghai Securities News reported Thursday.
China Vanke's net income fell 4 percent in the second quarter to 1.69 billion yuan ($250 million), as the country's top listed developer focused on the mass housing market.
China Vanke Co, the country's largest property developer by market value, said Monday that its sales revenue in June rose 27.9 percent from a year earlier despite the government's tightening moves.
China Vanke Co Ltd and Evergrande Real Estate led in property sales in the first half of 2010, according to a report released by China Real Estate Information Corporation and China Real Estate Appraisal, the Securities Journal reported Friday.
China Vanke Co, the country's largest property developer by market value, announced on Sunday that its sales revenue in May decreased 20.2 percent from a year earlier amid the government's tightening moves.
China Vanke Co Ltd, the country's largest property developer, is still actively seeking land parcels despite recent market tightening policies, the company's top management said on Thursday.
China Vanke Co, the nation's leading developer, said it will not set a united pricing strategy or make any guidelines for price cuts in response to the market rumors that the developer is preparing for a nationwide reduction in June, China Business News reported.
China Vanke Co offered a price cut of as much as 800 yuan per square meter for two buildings of a housing project it has jointly developed with COFCO, the Economic Information Daily reported.
China Vanke Co, the country's biggest property developer by market value, said on Monday its 2009 profit rose 32 percent to 5.33 billion yuan ($776 million), thanks to soaring real estate sales and prices last year.
China Vanke Co, Ltd, the country's largest property developer by market value, said Friday its revenue from total floor space sold in January surged 185.9 percent year on year.
Two Shenzhen-based property developers, Vanke and Gemdale Corp, both yesterday reported better incomes in the third quarter thanks to higher sales in the three months, and analysts said the housing market might stabilize in the following months.
China Vanke, the country's largest property developer by market value, said Sunday that it raked in a net profit of 2.96 billion yuan in the first three quarters of this year, up 29.9 percent year-on-year.
China Vanke, the country's largest listed real estate developer, said Monday evening its sales value in the first three quarters grew 29.6 percent from a year earlier to 46.15 billion yuan ($6.76 billion).
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