Tuesday, October 11, 2011
China New Town
China New Town: More land sales in existing projects. 2 land parcels in the co’s Shanghai Luodian project were listed for auction by Shanghai authorities on 8 Oct 2011 of total 88.4k sqm with plot ratio of 1.0. The auction is expected to be completed by 16 Nov 2011. Co trades at a P/B value of 0.4x
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