SHANGHAI: Home builder China Evergrande Group is targeting a 21% increase in its contracted sales this year, according to an internal document citing remarks by billionaire chairman Hui Ka Yan, who aims to build an empire with 3 trillion yuan (US$436bil) in assets in four years.
Evergrande, the country’s largest home builder by revenue, set its target for contracted sales at 450 billion yuan, according to the document obtained by Bloomberg News.
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