Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating ...
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 ...
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, highlighting ...
China Vanke Co. received another round of financial support from authorities, with its largest state shareholder planning to ...
Chinese developers struggled to extend a rally in credit and share markets Thursday, underscoring investor desire for more government steps to help the property sector.Most Read from BloombergWhy ...
Ratings agency Moody's downgraded China Vanke further on Tuesday and maintained its negative outlook on the embattled property developer that is grappling with a liquidity crisis and sluggish sales ...
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 ...
Reuters on MSN17d
China Vanke gets US$383 million loan from state shareholderHONG KONG: Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan (US$383.12 million) loan, in a sign the government is stepping up efforts ...
CHINA VANKE (02202.HK) announced that its largest shareholder, Shenzhen Metro Group (SZMC), intends to provide the company with a loan not exceeding RMB4.2 billion. This loan is to be used for ...
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 plug a funding gap of about 50 billion yuan ($6.84 billion) this year, Bloomberg reported on Wednesday, citing people familiar with ...
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