China Vanke October Property Sales Fall 33% on Year

China Vanke Co.’s property sales in October fell 33 percent from a year earlier to 10.3 billion yuan, according to an e-mailed statement today.

Vanke has “relatively ample amount of capital,” Board Secretary Tan Huajie said in the statement.

To contact the editor responsible for this story: Gregory Turk at gturk2@bloomberg.net

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