China Evergrande's aggressive promotions see jump in Feb sales
Developer sells 99,000 units worth 102b yuan online in February
Tue, Mar 03, 2020 - 5:50 AM
Evergrande's aggressive promotions are expected to put pressure on other real estate firms to follow suit.
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...