Wang Zhenhua, former chairman of Future Land Development Holdings, during a press event in Hong Kong on February 27, 2017. Photo: SCMP/Edward Wong

Future Land reports property sales gain in June; company chairman and property tycoon Wang Zhenhua under investigation

  • Future Land reports 19 per cent increase in contracted sales for June as it wrestles with fallout from former chairman’s arrest
  • Contracted sales for June totalled 29.5 billion yuan (US$4.28 billion), representing an area of 2.53 million square metres
Topic |   China property

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Wang Zhenhua, former chairman of Future Land Development Holdings, during a press event in Hong Kong on February 27, 2017. Photo: SCMP/Edward Wong
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