China Property Focus: M&A transactions surge to record high, accelerating industry consolidation
CORPORATES SECTOR IN-DEPTH 27 July 2017 TABLE OF CONTENTS M&A transactions surge as industry consolidation accelerates 2 Sales growth will slow in second half despite mild rebound in June 2 Property price growth continues to remain modest in high-tier cities 4 Inventory in higher-tier cities remains low 4 High land prices will pressure developers' margins as property price growth slows 5
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