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China Evergrande's aggressive promotions see jump in Feb sales

Developer sells 99,000 units worth 102b yuan online in February

Evergrande's aggressive promotions are expected to put pressure on other real estate firms to follow suit.

Hong KongĀ 

CHINA Evergrande Group, the country's third-largest developer by sales, surprised the market on Sunday with its announcement that it sold more than 99,000 units worth 102.7 billion yuan (S$20.4 billion) online in February, boosted by aggressive promotions, despite the novel...