Chinese builder Country Garden Holdings Co.’s sales slump moderated in October, a sign of improving industry prospects following China’s stimulus blitz that include measures for property developers.
Contracted sales for October declined 31% from a year earlier to 4.3 billion yuan ($610 million), according to corporate filings. That narrowed from a 41% on-year drop in September. Its October sales also gained 20% from the September total.
Visited 1 times, 1 visit(s) today
