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Yuexiu Property's April Contracted Sales Slide 17%

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Yuexiu Property (HKG:0123) recorded contracted sales of around 8.50 billion yuan in April, down 17% from a year prior, according to a Friday Hong Kong bourse filing.

The property firm's gross floor area (GFA) jumped 14% on year to 261,300 square meters.

For the four months ended April 30, contracted sales and GFA slipped 38% and 4.3%, respectively, to roughly 25.7 billion yuan and 884,300 square meters.

The company did not acquire any new land in April.

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