By Martin Mou
China Evergrande Group (3333.HK) said its contracted property sales rose 70% in October from a year earlier to 90.30 billion yuan ($12.83 billion).
Compared with the previous month, contracted property sales rose 8.7%, one of China's largest property developers by market value said Monday.
Contracted property sales are often watched by investors as an indicator of a company's financial health.
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