China Vanke, a state-backed property developer battling liquidity stress, said on Sunday its largest shareholder, Shenzhen ...
Persistent property-market weakness ratchets up pressure on the developer despite increased support from its largest state-owned shareholder.
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 for ...
SHENZHEN, China--(BUSINESS WIRE)--Hytera, a global leading provider of Professional Mobile Radio (PMR) solutions, has signed a new contract worth USD 30 million to provide the entire integrated ...
China Vanke Co.’s bonds slumped after its state-owned shareholder pressed it to secure earlier loans with collateral, ...
Sign up for our Metro US email newsletter to get news, updates, and local insights delivered straight to your inbox! BEIJING (Reuters) – The owner of a 71-floor ...
HONG KONG (Reuters) - State-owned Shenzhen Metro Group's purchase of the second-biggest holding in China Vanke <2202.HK> <000002.SZ> is likely to pave the way for it to take control of the property ...
(Reuters) -China Vanke Chairman Xin Jie resigned on the weekend, the state-backed property developer said on Monday, sending its shares lower in early trading. Director and audit committee member ...
Vanke has no more overseas debt coming due this year, but could face challenges in 2024 as 11 billion yuan in three tranches of overseas debt matures The company believes pressure caused by falling ...
HONG KONG (Reuters) - China Vanke, the mainland's biggest property company by sales, said it will acquire a unit of Shenzhen Metro Group for 45.6 billion yuan ($6.9 billion) via a new share issue, ...