Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 ...

Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 ...

If a bail-out for Vanke is forthcoming, China’s leaders will have blinked. Although the rescue would be organised by local ...

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, highlighting ...

Developer stocks surge by as much as 20 per cent after a report that authorities are preparing to cover China Vanke’s funding ...

Beijing (AFP) – Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons".

Beijing has in recent years grappled with a prolonged crisis in the country’s vast real estate sector, once a key pillar of the economy but now beset with sprawling debt. Hong Kong-listed Vanke ...

Vanke said in a separate filing that it expected ... Rather than carrying out individual bailouts, Beijing has, since Evergrande’s default in 2021, prioritised completing unfinished projects ...

Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons". Beijing has in recent ...