State-backed property developer China Vanke, once the country’s largest homebuilder by sales, narrowly avoided defaulting on a 2 billion yuan ($284 million) bond last week as the painfully slow ...
By Clare Jim HONG KONG, Jan 21 (Reuters) - China Vanke said on Wednesday it had gained creditor approval to defer some ...
China's property troubles will make it harder for developers in the country to gain access to U.S. debt markets, according to Moody's Investors Service. "We are seeing the trend of China property ...
Vanke, like many of its peers, has fallen on hard times after once booming in tandem with the Chinese real estate market. The ...
The "alliance's repurchase price will be the higher of the market price before the blast or the price at which residents bought their homes", Xinhua said, adding that homeowners would still be ...
BANGKOK (AP) — Shares in China Evergrande were removed from the Hong Kong Stock Exchange on Monday, marking another step in the retreat of the giant real estate developer whose downfall contributed to ...
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 ...
Only 10 developers manage to break US$14 billion in 2025 sales, down from 43 in 2020 China's top real estate developers continue to shrink, according to industry data. The number of mainland property ...