China developer Vanke’s fate in question as shares and bonds drop amid rumours
Vanke’s shares fell 3.29 per cent to HK$4.70 on Friday following media reports on Thursday evening that its president and CEO, Zhu Jiusheng, had been detained by police. The company’s mainland-listed shares dropped by 3.63 per cent to 6.63 yuan. Shenzhen Metro Group, operator of the city’s rail transit network, is Vanke’s largest shareholder.
Chinese officials are working to stabilize the operations of China Vanke after liquidity stress and uncertainty over its ...
China Vanke Co.’s top executive was taken away by police and the Chinese property giant may be assumed by state authorities, ...
The Shenzhen Municipal Government held a closed-door meeting last Friday (17th) on the situation of CHINA VANKE (02202.HK), ...
China Vanke Co (萬科) rebounded from record lows in credit markets, as people familiar with the matter said the distressed ...
The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that ...
China Vanke Co., long considered a bellwether of the country’s property market, is facing a deepening bond selloff as worries ...
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