Vanke June Sales Rise to RMB 23b

Vanke (000002.SZ, 200002.SZ) recorded contract sales worth RMB 13.23 billion in June, the highest monthly sales in the last five months and representing annual growth of 50.8%, Oriental Morning Post reported July 5. June sales by gross floor area came to 1.13 million sqm, up 31.7% y-o-y, the report said. The company booked total contract sales worth RMB 65.65 billion on 5.66 million sqm of property in the first six months of this year, said the report. Vanke targets RMB 140 billion in sales this year.