China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ...
HONG KONG: Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ...
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 ...
Shenzhen Metro Group, which holds a 27.2 per cent stake, signed a three-year agreement with Vanke to provide secured loans of ...
Vanke's Hong Kong-listed shares closed up 2.1% on Tuesday, after opening 8.7% higher, while the Hang Seng Mainland Properties Index slipped 0.5%. China's stock markets were closed on Tuesday for ...
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 ...
The proposal involves regulators allocating 20 billion yuan in special local government bonds to buy unsold properties and vacant land from Vanke, the report on Wednesday said, citing people familiar ...
SHANGHAI: China and Hong Kong shares closed higher on Wednesday, led by tech and property shares, as the market ...
Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed.
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 ...
HONG KONG (Reuters) - Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 million) loan, in a sign the government is stepping up ...