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 ...
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 ...
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 ...
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 ...
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 ...
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.