With analysts warning of anticipated hit to earnings as a result of policy tightening, have the leading Chinese real estate developers continued to reap the rewards of the high demand for housing in Beijing during the first six months of the year?
According to China Index Academy, an independent property research organization, during the first half of 2018, total sales of the top 10 property developers in Beijing was around 60 billion yuan (US$9 billion).
10.Tahoe Sales Volume: 2.7 billion yuan
9.Metro Land Corporation Ltd. Sales Volume: 2.8 billion yuan
8.China Jinmao Holdings Group Ltd. Sales Volume: 2.8 billion yuan
7.Longfor Group Holdings Ltd. Sales Volume: 3.7 billion yuan
6.China Resources (Holdings) Co., Ltd. Sales Volume: 5.3 billion yuan
5.Zhonghai Real Estate Sales Volume: 6.0 billion yuan
4.Vanke Sales Volume: 8.2 billion yuan
3.Beijing Capital Land Sales Volume: 8.9 billion yuan
2.Poly Real Estate Sales Volume: 9.3 billion yuan
1.Beijing Capital Development Holding (Group) Co., Ltd. Sales Volume: 10.2 billion yuan.