Vanke’s dollar and onshore bonds rose Tuesday. Its 3.975% dollar note due 2027 jumped 4.9 cents to 70.5 cents in Hong Kong trading, while onshore, its 3.64% bond due 2027 jumped 14.2% to 81 yuan ...
With the crisis in the sector entering its fifth year, concerns about the financial health of China Vanke (000002.SZ), opens new tab pose fresh challenges for the authorities, who have so far ...
BEIJING, Feb 6 (Reuters) - The government in the Chinese city of Shenzhen has made 10 new management appointments at China Vanke (000002.SZ), opens new tab, according to an internal document seen ...
Vanke announced a profit warning, projecting a 2024 net loss of CNY 45 billion, along with the resignations of its former chairman and CEO. Given Vanke's suppressed earnings and liquidity, credit ...
Trading in three of Vanke’s yuan bonds was halted Monday afternoon after prices surged 20% or more following Bloomberg’s report on the discussions. They include the 3.45% yuan bond due October ...
China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion loss, a sign the property meltdown is still raging. By Alexandra ...
Officials of Shenzhen, the southern metropolis where Vanke is based, held a closed-door meeting to discuss Vanke on Friday, said the people, asking not to be identified discussing a private matter.
Shares in developer China Vanke fell and rumours swirled about its CEO’s whereabouts on Friday, as the company’s debts led analysts to discuss a government rescue of the country’s largest ...
Simply sign up to the Chinese business & finance myFT Digest -- delivered directly to your inbox. Leading Chinese property developer Vanke has forecast a $6.2bn annual loss and announced the ...
China Vanke Co.’s chairman and chief executive officer are both stepping down in an abrupt move after the embattled developer warned of a record 45 billion yuan ($6.2 billion) loss for 2024.
Fitch Ratings downgraded some of developer China Vanke’s bonds deeper into junk territory, adding to the list of challenges that the embattled company faces, with US$4.9 billion in debt maturing ...
Zhu Jiusheng, CEO of Vanke, was "taken away by public security authorities", the Economic Observer reported, citing sources. Hong Kong-listed Vanke, which is part-owned by the government of Shenzhen, ...
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