CHINA VANKE (02202.HK) announced that its largest shareholder, Shenzhen Metro Group (SZMC), intends to provide the company with a loan not exceeding RMB4.2 billion. This loan is to be used for ...
After four years of standing by as property developers like China Evergrande Group spiraled into default, Communist Party officials decided in late January that China Vanke Co. — one of the country’s ...