Homes sales of China’s 50 major property developers slid in September

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Shenwan Hongyuan Securities:

China's 50 major property developers' property sales (red line in the chart) reached 705.2 billion yuan in September, falling 10% from the pervious month, sliding 37% from a year earlier and down 22% from the same period in 2019.

Their property sales measured . . .

 

 

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