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core net profit

Chinese developers Poly, Longfor, CIFI report mixed results as forlorn property market awaits buyer-confidence rebound

by Anas Siddiqui
Chinese developers Poly, Longfor, CIFI report mixed results as forlorn property market awaits buyer-confidence rebound

Mainland China’s largest property developers reported mixed 2023 results on Tuesday amid regulatory moves to rescue the country’s slumping housing market, with Poly Property Group, Longfor Group Holdings and CIFI …

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China Resources Land posts 11.7% profit increase, sees stability ahead for property sector thanks to policy support

by Anas Siddiqui
China Resources Land posts 11.7% profit increase, sees stability ahead for property sector thanks to policy support

China’s troubled property market is on track for a gradual return to stability despite the many challenges it still faces, China Resources Land said as it posted another profitable year …

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