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Longfor Properties' sales up 5.9% in Nov

Dec. 10, 2012 (China Knowledge) - Longfor Properties Co Ltd<0960>, Chongqing's Hong Kong-listed property developer, has said its property sales grow 5.9% YoY in November to RMB 3.92 billion.

The figure last month was higher than RMB 3.82 billion it realized in October 2012.

From January to November 2012, the property developer's sales amounted to RMB 35.86 billion, accounted for 92% of its annual sales target this year.

Meanwhile, China Vanke Co Ltd<000002><200002> and Poly Real Estate Group Co Ltd<600048>, two major property developers in China, saw their property sales rise 106.6% and 76.66% YoY to RMB 17.13 billion and RMB 8.7 billion in November, respectively.

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