Chinese property developers’ sales under mounting pressure despite many cities’ housing policy easing
Chinese property developers’ sales under mounting pressure despite many cities’ housing policy easing

Chinese property developers’ sales under mounting pressure despite many cities’ housing policy easing

 

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Chinese property developers' sales have been weak, with most of them achieved lower than 30% of the full-year sales target, even after more than 200 cities have rolled out policy measures to support the struggling housing market.

As of the end of May, nearly 80% of the 14 listed property developers that published full-year sales target for 2022 had achieved lower than 30% of the targets and lower than 25% of them had . . .

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