In July, Longfor Group Holdings Ltd.'s contracted sales in China reached 17.24 billion yuan, representing 811,000 square meters of gross floor area.

For the January to July period, contracted sales amount increased 11.0% year over year to 114.34 billion yuan. Contracted sales area for the seven-month period was 7,102,000 square meters, the Chinese developer said in a release.

As of Aug. 7, US$1 was equivalent to 6.83 yuan.