CN Developers Wane
A number of Chinese property developers announced last month's sales data.
$COUNTRY GARDEN(02007.HK$ , with its October contracted sales slipped 81% YoY, faded 1.3%. $R&F PROPERTIES(02777.HK$ , posting October sales fall of 45% YoY, dropped 2.5%. For the rest of the Chinese property developers, $CIFI HOLD GP(00884.HK$ sagged 4.2%, whereas $SUNAC(01918.HK$ plummeted 5.9%.
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