China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ...
Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan (US$383.12 ...
Shenzhen Metro Group, which holds a 27.2 per cent stake, signed a three-year agreement with Vanke to provide secured loans of ...
The proposal involves regulators allocating 20 billion yuan in special local government bonds to buy unsold properties and vacant land from Vanke, the report on Wednesday said, citing people familiar ...
The Shenzhen-based company said in a filing late Monday that it received the loan from Shenzhen Metro Group, which is a state-owned subway operator in one of the biggest cities in China. The loan was ...
Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed.
Developer stocks surge by as much as 20 per cent after a report that authorities are preparing to cover China Vanke’s funding ...
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 ...
Several property developers such as giant Evergrande have either faced winding-up petitions for its offshore debt in Hong Kong courts or been liquidated. But China Vanke has been receiving support ...
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 up ...
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