Greentown China Holdings, a Hangzhou-based real estate developer specializing in medium- and top-class residential properties, said Wednesday its first-half revenues climbed 74% year-on-year to US$681.27 million (RMB5.13 billion) on the back of rising housing prices in Shanghai and Hangzhou, the capital of eastern China’s Zhejiang province, the Shanghai Financial News reported. Profits edged up just 1% year-on-year to US$34.59 million (RMB259 million), according to Greentown’s statement to the ...