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 ...
China Vanke says some lenders, including Bank of Communications and OCBC Wing Hang, are processing mortgage applications.
If a bail-out for Vanke is forthcoming, China’s leaders will have blinked. Although the rescue would be organised by local ...
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 ...
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.
(Bloomberg) -- 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 ...
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 ...
It also pledged to “effectively prevent debt defaults by real estate companies”. Read more at straitstimes.com.
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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.