综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Money

Rising sales push Vanke shares to 3-month high

By Bonnie Cao (China Daily)
Updated: 2011-04-08 13:23
Large Medium Small

Rising sales push Vanke shares to 3-month high

A China Vanke Co booth at a property expo in Shanghai. Vanke's shares jumped 2.35 percent on Thursday at Shenzhen Stock Exchange, their highest close since Dec 21. [Photo /? China Daily]


Property company's stock jumps2.35% for best close since Dec 21

SHANGHAI - Shares of China Vanke Co jumped to their highest level in more than three months on Thursday. The advance came after the property company said March sales climbed and Goldman Sachs Group Inc told investors to buy Chinese property stocks.

Vanke's shares jumped 2.35 percent to close at 9.15 yuan ($1.40) at Shenzhen Stock Exchange, their highest close since Dec 21. Vanke's contracted sales rose 48 percent in March to 9.3 billion yuan from a year earlier, and more than doubled to 35.5 billion yuan in the first quarter, according to a statement from the company on Wednesday.

China's policy "will move to weaker tightening, as measures aiming at curbing inflation and cooling the property market have already started to work", Goldman Sachs analysts led by Hanfeng Wang and Helen Zhu wrote in a report on Thursday.

Related readings:
Rising sales push Vanke shares to 3-month highChina Vanke March property sales slow sharply 
Rising sales push Vanke shares to 3-month highVanke upbeat on home sales 
Rising sales push Vanke shares to 3-month highVanke's Wang becomes richest developer 
Rising sales push Vanke shares to 3-month highChina Vanke '10 net profit up 36.65% 

The Chinese government earlier intensified efforts to curb speculation after prices rose for 19 consecutive months to December and climbed in 68 of the 70 cities it monitored in the first two months of this year. Vanke said that while overall sales increased, those in 14 major cities including Shanghai, Beijing and Guangzhou, usual targets for speculators, declined 37 percent, indicating that the measures are working.

Last month, about 40 Chinese cities said they will cap new home prices below annual economic and disposable per capita income growth. That pledge came after local governments were ordered to submit price control targets by the end of March.

"Property curbs are already showing a clear effect on the market with a sharp slowdown in transactions," Tan Huajie, Vanke's board secretary, said in the statement. Property sales are traditionally stronger in March than in February, when businesses shut for at least a week during the lunar new year holiday.

China should expand limits on home purchases from large cities to the entire nation in a bid to curb speculation, the State Information Center's economic forecast department said in a report published in the China Securities Journal on Thursday.

Bloomberg News

分享按鈕
鄂伦春自治旗| 宣武区| 临夏市| 茂名市| 开鲁县| 祁门县| 通许县| 修武县| 黄骅市| 鹤岗市| 慈溪市| 巴青县| 桂林市| 屯门区| 信宜市| 大理市| 循化| 谷城县| 响水县| 济南市| 于都县| 灵宝市| 中牟县| 公主岭市| 龙州县| 云浮市| 宜黄县| 化隆| 丹棱县| 海丰县| 涡阳县| 五莲县| 浙江省| 吴川市| 永宁县| 宜兴市| 杭锦后旗| 郑州市| 和林格尔县| 普兰店市| 白山市|