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Guangzhou developer cuts target, rules out price war

Published Thu, Aug 20, 2015 · 09:50 PM
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Hong Kong

CHINESE developer Guangzhou R&F Properties said on Thursday it will not engage in a price war to achieve its full-year sales target after it lowered that goal for 2015 by 8.3 per cent.

The 15th largest property developer by sales in China revised down its 20…

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