Asian equities were largely lower despite a weaker U.S. dollar overnight, as Japan outperformed and India underperformed.
Its Hong Kong-listed shares were up around 6% as of 0149 GMT, after opening 8.7% higher. China's stock market is closed on Tuesday for the Lunar New Year holiday. Worries over Vanke's liquidity ...
China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ($383 million) to help the struggling developer repay outstanding debt.
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over the company's liquidity ...
Reuters on MSN17d
China Vanke gets US$383 million loan from state shareholderHONG KONG: Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan (US$383.12 million) loan, in a sign the government is stepping up efforts ...
CHINA VANKE (02202.HK) announced that its largest shareholder, Shenzhen Metro Group (SZMC), intends to provide the company ...
Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating ...
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. Vanke will ...
Shenzhen Metro Group Co., which holds a 27% stake in Vanke, signed a three-year secured loan agreement with the firm on Monday, according to a filing to the Hong Kong stock exchange. Under the ...
China Vanke Co. received another round of financial support from authorities, with its largest state shareholder planning to offer up to 4.2 billion yuan ($579 million) to help the distressed ...
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