Vanke's plan announced late on Wednesday accelerated a selloff that had begun a day earlier when a media report sparked ...
China’s real estate sector suffered another blow after Vanke proposed delaying repayment on a local bond, sending some of its ...
State-backed developer China Jinmao Holdings Group Ltd. is planning its first overseas bond in more than three years, people ...
China’s property crisis has reignited after one of its largest state-backed developers was plunged into a fresh debt spiral.
Yet in more recent months, the market has fallen back into the basement. Prices in China’s 70 biggest cities dropped in ...
Vanke has lost its ability to generate cash flow and is “relying on external transfusions to keep operating”, said Zhang ...
The missive called on the International Monetary Fund (IMF) to sell its gold reserves and set up a debt relief fund for ...
China Vanke will seek bondholder approval to delay the repayment of a 2 billion yuan ($282.6 million) onshore bond, a filing ...
Investors rattle as one of China's top developers moves to delay repayment, igniting fresh fears of contagion.
Since mid-2024, the government has cut borrowing costs on existing mortgages, relaxed buying curbs in big cities and lowered ...
Vanke disclosed late-Wednesday it will seek bondholder approval to delay repayment of a 2 billion yuan ($282.6 million) ...
China Vanke's proposal to delay repayment of an onshore bond led to trading halts in three other local notes and triggered a selloff in Chinese property developers, ratcheting up fears about the ...