Central China Real Estate Reports Significant Decline in Contracted Sales

Reuters
2025.12.31 08:31
portai
I'm PortAI, I can summarize articles.

Central China Real Estate Ltd. reported a significant decline in contracted sales for the eleven months ending November 30, 2025, due to weak household income expectations and anticipated price declines. The company is taking measures to boost pre-sales and sales, including marketing efforts and employee incentives. Additionally, it is addressing offshore debt through due diligence and a restructuring plan submitted to creditors. Shareholders and investors are advised to exercise caution regarding the company's shares.