CCTV.com - CNTV English - CCTV News


Homepage > News > Biz >

China Vanke's February sales rise 141.8%

03-04-2011 14:12 BJT

BEIJING - China Vanke, the country's largest property developer, said on Thursday that its property sales in February hit 6.08 billion yuan ($925.42 million), up 141.8 percent year on year.

However, the figure was about 70 percent lower than January's record of 20.1 billion yuan.

China introduced new measures to cool rising home prices at the end of January. The measures include an increase in the minimum downpayment for second homes from 50 percent to 60 percent and the extension of limits on home purchases to more cities.

Shanghai and Chongqing both launched real-estate tax trials in January.

Shares in Vanke closed at 8.19 yuan per share in Shenzhen, which is down 0.12 percent.

Editor:Xiong Qu |Source: China Daily

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program