China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ($383 million) to help the struggling developer repay outstanding debt.
Chinese authorities are considering a plan to assist China Vanke in covering a funding shortfall of about 50 billion yuan ($6.84 billion) this year, enabling the property developer to repay its public ...
BEIJING, March 3 (Xinhua) -- Driven by a series of pro-housing policies, China's property sector has gained momentum in recent months, with increased transaction activity and renewed development ...
Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating ...
If a bail-out for Vanke is forthcoming, China’s leaders will have blinked. Although the rescue would be organised by local ...
Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 billion) this year, according to people familiar with the matter ...
CHINA VANKE (02202.HK) rallied in the afternoon, peaking at $6.45. It last printed at $6.33, up 16.36%, with 167 million shares traded, involving $979 million. According to Bloomberg, China is working ...
Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer. The company's stock gained as much as 14% to HK ...
“Policymakers don’t want Vanke to fall because that’s going to really damage sentiment,” said Larry Hu, chief China economist at Macquarie, adding that the new phrase in housing policy circles was ...
As one of the primary developers in China focusing on middle-range to high-end properties, China Vanke experienced a more than-20% revenue CAGR from 2014-19 as the market boomed. Property ...
Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to "health reasons", after state-backed media reported he had been taken away by authorities. "Owing to health ...
China Vanke Co. received another round of financial support from authorities, with its largest state shareholder planning to ...
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