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Vanke
Vanke
NEWS

- During China's May Day holiday, the Hang Seng Index in Hong Kong saw a significant rise, achieving nine consecutive days of gains by May 3, rebounding over 20% from its January low and entering a technical bull market. Concurrently, the Shanghai Composite Index also showed positive performance, rising to around 3155 points by May 9.
- Positive outlooks on China's market were expressed by foreign institutions like BNP Paribas and UOB Kay Hian, attributing confidence to Chinese government's supportive measures for capital market health and adjustments in real estate policies. These included easing restrictions on property purchases and sales.
- The central government's April meeting highlighted ongoing economic challenges such as insufficient demand and high operational pressures on businesses. It emphasized the importance of real estate as a drag on economic performance while discussing new policy measures to optimize housing supply and demand.
May.11 2024 21:09 PM

Chairman Yu Liang tells shareholders he sees ‘positive signs’ in the industry, although Covid is still impacting sales in the short term
Dec.20 2022 20:23 PM

While the measures mark a positive signal for the sector, some industry insiders say that only stronger or state-owned players will stand to benefit
Nov.24 2022 21:01 PM

The Chinese real estate giant plans to put 49 commercial properties under the control of its SCPG Holdings subsidiary
Oct.7 2022 16:42 PM

The developer’s property management arm Onewo is offering its shares at HK$47.1 to HK$52.7 each
Sep.19 2022 16:52 PM

Money raised by 100 of the country’s biggest real estate companies fell 58.8% in February, while offshore debt sales sank more than two-thirds
Mar.9 2022 20:48 PM

China’s regulator approves Pfizer’s Paxlovid for vulnerable patients
Feb.15 2022 09:35 AM

China’s second-largest developer plans to shrink balance sheet, cut costs to cope with sluggish demand
Feb.14 2022 20:05 PM

China Vanke founder and environmentalist Wang Shi reports a greater sense of optimism after participating in his 11th U.N. climate event
Nov.10 2021 06:34 AM

Since the failed Vanke bid, Baoneng Investment Group is now $31 billion in debt after forays into cars and mobile phones fell short
Sep.13 2021 06:47 AM

China has achieved the goal of building a moderately prosperous society, President Xi says. Didi closes its U.S. trading debut up 1%
Jul.2 2021 08:45 AM

Nation’s largest developer eyes $2 billion listing of management division amid tighter government scrutiny
Jul.1 2021 20:21 PM

Real estate giant would join other Chinese developers in spinning off its management unit, which is less vulnerable to government policy changes and economic cycles
Apr.29 2021 13:51 PM

Sale of 316 million new shares represents 2.79% of total equity and will be similar to an April 2019 offering also earmarked for debt retirement
Jun.5 2020 03:36 AM

China Vanke has proposed a new team of directors for the next three years for shareholders to vote on at the general meeting in June 2020
May.17 2020 16:47 PM

Employee share ownership fund donates entire holding in property developer to fund school with Tsinghua University
Apr.3 2020 22:08 PM

Developer beats out Vanke and Evergrande for title, as growth slows for all three in 2019
Jan.7 2020 19:15 PM

Dec.20 2019 06:18 AM

Baoneng’s aborted hostile takeover of property giant revealed the worst of China’s free-wheeling shadow banking sector, regulatory loopholes
Oct.29 2019 14:55 PM

Oct.9 2019 01:27 AM
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