Summary by Futu AI
Yuexiu Property announced unaudited sales and land acquisition data as of October 31 of the same year on November 4, 2024. In October, the company's contracted sales amount was approximately RMB 13.361 billion, a year-on-year increase of 46.8%, with a sales area of approximately 0.4699 million square meters, a year-on-year increase of 37.5%. The accumulated contracted sales amount for the first ten months of 2024 was approximately RMB 91.003 billion, a year-on-year decrease of 24.8%, with a sales area of approximately 3.098 million square meters, a year-on-year decrease of 16.8%, accounting for 61.9% of the annual target. In terms of land acquisitions, the company acquired the actual ownership of multiple parcels through public listing in Guangzhou, Peking, and Chengdu in October, with a total investment of approximately RMB 2.624 billion. This data is unaudited and provided for reference only for investors. Investors should trade carefully and seek professional advice when necessary.