trending Market Intelligence /marketintelligence/en/news-insights/trending/wj4l8u954k0o2oqfwffysq2 content esgSubNav
In This List

China Vanke sales falls YOY to 43.42B yuan in September

Blog

Insight Weekly: SVB fallout limited; US rents up; renewable natural gas investments flow in

Blog

Bank failures: The importance of liquidity and funding data

Blog

A Cloud Migration Plan for Corporations featuring Snowflake®

Blog

Essential IR Insights Newsletter - February 2023


China Vanke sales falls YOY to 43.42B yuan in September

China Vanke Co. Ltd. saw its contracted sales decline in September to 43.42 billion yuan from the 46.32 billion yuan recorded in the prior-year period.

The unaudited figure for the reporting month corresponds to a sales area of 3,025,000 square meters, according to a filing.

In the year to Sept. 30, China Vanke's accumulated contracted sales amounted to 431.55 billion yuan, reflecting a sales area of 29,021,000 square meters.

Since its last property update in August, the Chinese real estate company also acquired 14 projects and six new logistics developments across China for about 12.00 billion yuan and nearly 1.52 billion yuan, respectively.

As of Oct. 9, US$1 was equivalent to 6.92 yuan.