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China Evergrande logs 40.7B yuan of contracted sales in July

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China Evergrande logs 40.7B yuan of contracted sales in July

China Evergrande Group's contracted sales for July amounted to roughly 40.66 billion yuan, representing about 3.760 million square meters of sold area.

In the seven months to July 31, the Chinese real estate developer registered about 344.84 billion yuan worth of contracted sales, translating to approximately 32.819 million square meters of sold properties. The average sale price during the seven-month period amounted to 10,507 yuan per square meter, the company said.

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