China property giants face call of tech sirens, says cbeddor:
China Evergrande Group said on March 26 that profit attributable to shareholders increased 53 percent last year to 37.4 billion yuan . Core business profit, a measure that excludes revaluation gains and non-recurring items, rose more than 90 percent to 78.3 billion yuan.
China Vanke said on March 25 that net profit attributable to equity shareholders rose more than 20 percent in 2018 to 33.8 billion yuan. Country Garden Holdings, another developer, reported on March 18 that profit attributable to owners rose 33 percent year-on-year to 34.6 billion yuan over the same period.
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