BRIEF: Longfor’s January sales continue to fall
Real estate developer Longfor Group Holdings Ltd. (0960.HK) said on Tuesday its contracted sales in January totaled 4.46 billion yuan ($611 million), down 36% year-on-year and a 45% decline month-on-month.…
After earlier brushes with death, Greentown rebuilds with a stronger foundation
Despite falling sales in the first four months of the year, the property developer’s revenue was still much higher than many of its struggling rivals Key Takeaways: Greentown China reported…
CHINA BULLETIN: All About Covid
In this week’s issue China stares at a Covid Christmas, while a major auto show drives on in Guangzhou. On a scale of 1 to 10, we give the week a 6 for offshore-listed China stocks.
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