China Evergrande’s offices in Hong Kong. Photo: Reuters

China’s biggest developer Evergrande sees sales soar thanks to nationwide discounts as rivals battle for survival amid Covid-19

  • The developer said its sales in the first quarter climbed by a fifth, mainly thanks to a nationwide campaign offering big discounts at all its projects
  • ‘When all the developers cannot sell, we are the only one that can,’ says a confident chairman, Hui Ka-yan, the third richest man in China
Topic |   Coronavirus pandemic
China Evergrande’s offices in Hong Kong. Photo: Reuters
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