Once considered one of China’s strongest developers, Vanke saw its dollar bond due in 2027 fall below 44 cents, its lowest ...
For many Chinese, real estate remains the main retirement investment because there is virtually no alternative. The market ...
China’s real estate sector suffered another blow after China Vanke Co. proposed delaying repayment on a local bond, sending ...
SP Global issued another downgrade on China Vankes credit rating on Thursday evening, deepening worries over the real estate ...
Vanke stands among the few major Chinese developers that have not defaulted during the country’s extensive property market downturn. The company’s shares fell 7.13% following the announcement. This ...
China Vanke, one of China’s largest state-backed property developers, saw a sharp fall in its bonds on Wednesday, triggering ...
Asian stocks edged lower on Friday as a brief rebound in technology shares lost momentum and renewed worries over Chinas ...
Vanke has lost its ability to generate cash flow and is “relying on external transfusions to keep operating”, said Zhang ...
China’s real estate sector faces new turmoil as Vanke, once the country’s largest developer, teeters on the edge of default.
Once one of the country’s biggest growth drivers, China’s property market has been in a downward spiral for four years with ...
Policymakers including the housing ministry are considering a slew of options, such as providing new homebuyers mortgage ...
Beijing remains reluctant to provide financial support as other sectors playing larger role in China's GDP, says analyst - ...