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Vanke reports sharp growth on property price rebound

By Gao Changxin in Hong Kong and Wu Yiyao in Shanghai | China Daily | Updated: 2013-02-28 08:01

Vanke reports sharp growth on property price rebound

Residential property developed by China Vanke Co Ltd in Nanjing, Jiangsu province. Home sales in China's 27 major cities jumped six-fold year-on-year during the recent Spring Festival holiday, according to SouFun Holdings, one of China's leading real estate Web portals. An Xin / For China Daily

China's top home builder China Vanke Co Ltd on Wednesday reported sharp earnings growth in 2012, as property prices started rebounding in the nation.

Vanke reports sharp growth on property price rebound

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