Vanke, China

China considers plan to help Vanke repay $6.8 billion debt, Bloomberg News reports
Chinese authorities are considering a plan to assist China Vanke in covering a funding shortfall of about 50 billion yuan ($6.84 billion) this year, enabling the property developer to repay its public and private debt,
China Vanke secures US$383 million lifeline from Shenzhen Metro Group to repay debt
Shenzhen Metro Group, which holds a 27.2 per cent stake, signed a three-year agreement with Vanke to provide secured loans of up to 2.8 billion yuan (US$383 million), according to a filing to the Hong Kong stock exchange late on Monday.
China Mulls $6.8 Billion Funding Plan to Help Vanke Repay Debt
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 the government support for the distressed developer.
China mulls $6.8 billion funding plan to help Vanke repay debt, Bloomberg News reports
Chinese authorities are exploring a plan to help China Vanke plug a funding gap of about 50 billion yuan ($6.84 billion) this year, which will aid the property developer to repay its public and private debt,
China Proposes $6.8 Billion Aid to Bolster Vanke’s Debt Repayment
Chinese authorities are formulating a plan to assist property developer China Vanke Co. in addressing a funding shortfall of approximately 50 billion yuan this year. The proposal includes allocating 20 billion yuan in special local government bonds to purchase unsold properties and vacant land from Vanke,
Chinese Developer Rally Is Already Fading After Vanke Support
Chinese developers struggled to extend a rally in credit and share markets Thursday, underscoring investor desire for more ...
China Vanke gets $383 mln loan from state shareholder
Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 ...
Property developer China Vanke secures $383 million loan from Shenzhen Metro
China Vanke (CHVKF) has secured a 2.8 billion yuan ($383.12 million) loan from its major shareholder, state-owned Shenzhen ...
Yahoo Finance2d
Vanke Gets $383 Million Loan From State Backer for Debt
Vanke’s dollar and onshore bonds rose Tuesday. Its 3.975% dollar note due 2027 jumped 4.9 cents to 70.5 cents in Hong Kong trading, while onshore, its 3.64% bond due 2027 jumped 14.2% to 81 yuan ...
Moody's downgrades China Vanke further as liquidity concerns deepen
Ratings agency Moody's downgraded China Vanke further on Tuesday and maintained its negative outlook on the embattled ...
China Vanke Bonds Jump After Plan to Redeem Early $138 Million Onshore Notes
Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion yuan onshore bond due on Monday. Unlike the redemption of the 2027 notes, ...
China Vanke Secures Cheap Loan From State-Owned Shareholder
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 ...
Reuters on MSN21d
China's Vanke in Talks to Sell Logistics Firm Stake to GIC, Source Says
SINGAPORE (Reuters) - Indebted property developer China Vanke Co Ltd is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth fund GIC, a person with knowledge ...