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 ...
about half of Vanke’s 1.5 trillion yuan at the time. The city’s assets stood at more than five trillion yuan, and its annual revenue surpasses one trillion yuan, the report added. The bustling ...
HONG KONG (Reuters) - Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 million) loan, in a sign the government is stepping ...
BENGALURU | HONG KONG: 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 ...
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