www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Industries

China's property developers face uphill battle

(Xinhua) Updated: 2014-05-08 09:54

BEIJING -- China's property developers face an uphill battle as home sales decline and profits shrink.

Among the 117 developers listed on the Shanghai and Shenzhen stock exchanges, 61 posted shrinking profits or even losses for the first three months, according to statistics compiled by property agency Centaline Property published on Tuesday.

Total net profits of the 117 developers stood at 9.65 billion yuan (about $1.55 billion) for the first quarter, down 27 percent from the same period last year, the data showed.

The results should not come as a surprise as China Vanke, the country's largest real-estate developer by revenue, posted on April 29 its first quarterly profit decline since 2002.

The Shenzhen-based China Vanke, widely seen as a bellwether for the residential market in China, registered a 5.2 percent drop in first quarter profits with a whopping 32 percent fall in revenue.

The disappointing performance came amid falling home sales nationwide. Official data showed sales of residential property dipped 7.7 percent during the first quarter to 1.1 trillion yuan, while sales by residential area contracted 5.7 percent to 178.25 million square meters in the same period.

Developers have also been languishing in the land auction market.

The top 20 developers by home sales have bought less land in the first four months. The value of the land they bought decreased from 60.1 billion yuan in January to 32.56 billion yuan in February, then continued to drop to 25.45 billion yuan in March and to April's 13.3 billion yuan, according to Centaline Property.

Declining sales along with shrinking profits and land purchases all point to a property market that has lost steam.

China's property developers face uphill battle
China's property developers face uphill battle

Home price growth slows, further moderation eyed

Keeping the lid on house price  

Ningbo makes it 'easier' to buy house

Anhui to give loans, subsidies to property market

Developers still seem keen on outbound investment

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 国产亚洲欧洲一区二区三区 | 九九热视频精品在线观看 | 国产专区第一页 | 国产精品一区二区三区四区五区 | 99精品免费| 五月六月伊人狠狠丁香网 | 日韩精品视频美在线精品视频 | 精品国产成人三级在线观看 | 精品国产96亚洲一区二区三区 | 亚洲九九香蕉 | 涩里番资源网站在线观看 | 欧美激情久久久久久久大片 | aaa级毛片| 男人天堂新地址 | 国产精品成久久久久三级 | 欧美亚洲黄色 | 扒开两腿猛进入爽爽视频 | 国产一区二区三区日韩 | 国产精品高清视亚洲一区二区 | 欧美巨乳在线 | 日韩国产欧美一区二区三区 | 亚洲男女视频 | 91视频国产一区 | 欧美aav| 99久久精品国产自免费 | xh98hx国产在线视频 | 亚洲综合久久久久久888 | 亚州久久 | 亚洲欧洲无码一区二区三区 | 美女被靠视频免费网站不需要会员 | 福利视频午夜 | 伊人久久青草青青综合 | 国产成人在线小视频 | 亚洲天堂美女 | 久草在线色站 | 国产亚洲精品午夜高清影院 | 久久香蕉国产观看猫咪3atv | 精品国产一区二区三区www | 久久综合久美利坚合众国 | 4四虎44虎www在线影院麻豆 | 久久国产精品免费网站 |