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China Vanke bonds plunge over 20% — shock crash forces trading halt and ignites fears of a new property meltdown

China Vanke, one of China’s largest state-backed property developers, saw a sharp fall in its bonds on Wednesday, triggering fresh market concern. Several yuan bonds dropped more than 20% in early ...
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China Vanke's near-default exposes fragility of the faltering recovery in the property industry

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 ...
U.S. News & World Report

Vanke May Adopt a Familiar Playbook in China to Tackle Debt Crisis, Say Analysts

HONG KONG/SHANGHAI, Dec 23 (Reuters) - State-backed China Vanke will likely mirror ‌the strategies of some other cash-strapped Chinese developers and ‌seek multiple short-term extensions for its bond ...
The Republic

China Vanke’s near-default exposes fragility of the faltering recovery in the property industry

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 ...