(Bloomberg) -- 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 ...
Feb 12 (Reuters) - Chinese authorities are considering a plan to assist China Vanke (000002.SZ), opens new tab in covering a funding shortfall of about 50 billion yuan ($6.84 billion) this year ...
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 ...
SHENZHEN: China Vanke Co has received a lifeline by state authorities, a rare show of support that signals the developer is too big to fail even as dozens of property firms default amid China’s ...
Property developer China Vanke said on Monday (Jan 27) its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as it faces several debt maturity ...
Standard Chartered, one of the city’s three currency-issuing banks, and Chong Hing Bank were not accepting mortgage requests from potential homebuyers at Le Mont, according to property agents.
HONG KONG: The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive. A Shenzhen ...
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 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.