HONG KONG, Feb 11 (Reuters) - China's Shenzhen municipal government is drafting a rescue package worth 80 billion yuan ...
China Vanke Co’s US$12 billion record loss underscores how its ability to avoid default depends on how far its state ...
China Vanke Co. reported its losses widened by two-thirds to a record last year, citing a sharp decline in its property developments and additional provisions.
Troubled developer China Vanke Co’s preliminary net loss in 2025 bloated to about 82 billion yuan, compared with 49.5 billion ...
China Property Vanke A delivery man passes by a Vanke logo on a commercial complex in Beijing, China, Wednesday, Dec. 24, 2025. (AP Photo/Ng Han Guan) (Copyright 2025 ...
HONG KONG (AP) — 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 ...
HONG KONG — 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 ...
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