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 ...
If a bail-out for Vanke is forthcoming, China’s leaders will have blinked. Although the rescue would be organised by local ...
Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating lucrative returns when the sector recovers from its prolonged crisis.
China Vanke says some lenders, including Bank of Communications and OCBC Wing Hang, are processing mortgage applications.
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 Co. received another round of financial support from authorities, with its largest state shareholder planning to offer up to 4.2 billion yuan ($579 million) to help the distressed ...
That was a reversal after an 8.6% jump Wednesday, the biggest in four months, which was sparked by news that authorities were working on a proposal to help government-backed China Vanke Co. plug a ...
China Vanke (OTCPK:CHVKF) has secured a 2.8 billion yuan ($383.12 million) loan from its major shareholder, state-owned Shenzhen Metro to repay debt, indicating further support from the government ...
Investing.com -- S&P Global Ratings has placed the ’B-’ long-term issuer credit ratings of China Vanke Co. Ltd. and its subsidiary, Vanke Real Estate (Hong Kong) Co. Ltd. (Vanke HK), on ...
Chinese authorities are mulling a plan to help China Vanke fill a funding gap of about 50 billion yuan, equivalent to around $6.8 billion, this year, Bloomberg reported, citing sources.
Investing.com -- S&P Global Ratings has placed the ’B-’ long-term issuer credit ratings of China Vanke Co. Ltd. and its subsidiary, Vanke Real Estate (Hong Kong) Co. Ltd. (Vanke HK), on CreditWatch.