China developer Vanke’s fate in question as shares and bonds drop amid rumours
Vanke’s shares fell 3.29 per cent to HK$4.70 on Friday following media reports on Thursday evening that its president and CEO, Zhu Jiusheng, had been detained by police. The company’s mainland-listed shares dropped by 3.63 per cent to 6.63 yuan. Shenzhen Metro Group, operator of the city’s rail transit network, is Vanke’s largest shareholder.
Rating agencies Fitch and S&P Global downgraded property developer China Vanke on Monday, as the company sinks further into a ...
China Vanke Co.’s top executive was taken away by police and the Chinese property giant may be assumed by state authorities, ...
SZ Govt Reportedly Holds Closed-door Meeting on CHINA VANKE Last Fri, Emphasizing on Keeping Stable Operation ...
Chinese officials are working to stabilize the operations of China Vanke after liquidity stress and uncertainty over its ...
China Vanke Co (萬科) rebounded from record lows in credit markets, as people familiar with the matter said the distressed ...
China Vanke Co., long considered a bellwether of the country’s property market, is facing a deepening bond selloff as worries ...
(Reuters) -Property developer China Vanke told some investors on Wednesday that it had no plans to extend the maturity dates ...
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