If a bail-out for Vanke is forthcoming, China’s leaders will have blinked. Although the rescue would be organised by local ...
China Vanke (OTCPK:CHVKF) has secured a 2.8 billion yuan ($383.12 million) loan from its major shareholder, state-owned Shenzhen Metro to repay debt, indicating further support from the government ...
Shenzhen Metro Group Co., which holds a 27% stake in Vanke, plans to provide a three-year term loan facility to be guaranteed by up to 6 billion yuan-worth assets, according to a Friday filing to ...
Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap ... The money would enable the Shenzhen-based developer to pay public and private debt due this year ...
HONG 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 ...
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 ...
Xin Jie, the chairman of its major state-owned shareholder Shenzhen Metro, will become Vanke's chairman, signalling increased state oversight on expectations that the government would step in to ...
That said, we believe the replacement of its former chairman with the chairman of Shenzhen Metro, Vanke's largest shareholder, indicates the local government's desire to support the firm's liquidity.
HONG KONG, Feb 11 (Reuters) - Cash-strapped China Vanke (000002.SZ), opens new tab said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 million ...
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 ...