A visitor looking at the model of a new apartment complex developed by Evergrande Group in the Hubei provincial capital of Wuhan on November 9, 2013. Photo: Reuters A visitor looking at the model of a new apartment complex developed by Evergrande Group in the Hubei provincial capital of Wuhan on November 9, 2013. Photo: Reuters
A visitor looking at the model of a new apartment complex developed by Evergrande Group in the Hubei provincial capital of Wuhan on November 9, 2013. Photo: Reuters

China Evergrande’s 30 per cent discounts get world’s most indebted developer within sight of sales goal, allay cash crunch fears

  • The Guangzhou-based developer sold 141.63 billion yuan of real estate in the 38 days through October 8, including China’s weeklong National Day public holidays, typically a peak spending period
  • That brought the year’s revenue to 592.25 billion yuan, or 91 per cent of its sales target, Evergrande said

Topic |   China property
A visitor looking at the model of a new apartment complex developed by Evergrande Group in the Hubei provincial capital of Wuhan on November 9, 2013. Photo: Reuters A visitor looking at the model of a new apartment complex developed by Evergrande Group in the Hubei provincial capital of Wuhan on November 9, 2013. Photo: Reuters
A visitor looking at the model of a new apartment complex developed by Evergrande Group in the Hubei provincial capital of Wuhan on November 9, 2013. Photo: Reuters
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