DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
” - 3 China Vanke - 2 Vanke - 2 Yu Liang - 2 Moody’s - 1 Kaven Tsang - 1 Fitch - 1 Wang Shi - 1
Top related locs:
China Hong Kong Shenzhen Beijing Nanjing Evergrande Vanke Vanke’s Hong Kong
Top related orgs:
Hong Kong CNN - 2 Economic Observer - 1 CNN - 1 Getty - 1 Time - 1 Shenzhen Stock Exchange - 1 Shenzhen Metro - 1 National People’s Congress - 1

Search resuls for: "Vanke’s"


6 mentions found


☆ Vanke: China scrambles to prevent another big property developer going bust
  + stars: | 2024-03-12 | by ( Laura He | ) edition.cnn.com   time to read: +5 min
Vanke’s stock soared in Hong Kong and Shenzhen following the reports of potential new financing. On Monday, Moody’s cut Vanke’s rating to Ba1, which is often referred to as a junk rating. Residential buildings being built by Vanke in Nanjing STR/AFP/Getty ImagesFounded in 1984 in Shenzhen, Vanke is a flagship company in China’s property sector. It was the first listed property company in mainland China, boasting a high-profile IPO in 1991 on the still-nascent Shenzhen Stock Exchange. In 2023, property sales dropped 6.5% from 2022.
Persons: Moody’s, China Vanke, Vanke, Kaven Tsang, Fitch, Wang Shi, Donald Trump, Refinitiv Eikon, Vanke’s, it’s, —, Ni, ”, ” Nomura Organizations: Hong Kong CNN, Economic Observer, CNN, Getty, Time, Shenzhen Stock Exchange, Shenzhen Metro, National People’s Congress Locations: China, Hong Kong, Beijing, Evergrande, Shenzhen, Nanjing, Vanke
☆ Bond Selloff at Another China Property Giant Spurs Authorities to Action
  + stars: | 2023-11-07 | by ( Cao Li | Rebecca Feng | ) www.wsj.com   time to read: 1 min
A China Vanke construction site in Nanjing. Photo: Cfoto/Zuma PressChina’s housing slump is shaking the foundation of another giant property developer—and the government is trying to prevent the problems from spiraling out of control. China Vanke , one of the oldest and largest real-estate companies in the country, is the latest Chinese developer to fall victim to a market selloff that has made investors worry about its liquidity. Prices of some of Vanke’s U.S. dollar bonds tumbled to distressed levels after rival Country Garden failed to pay its offshore debt in mid-October. Vanke’s Hong Kong-listed shares have also close to half their market value this year.
Organizations: Zuma Press, U.S Locations: China, Nanjing, Vanke’s Hong Kong
☆ China’s cautious property giants may be rewarded
  + stars: | 2023-09-08 | by ( Chan Ka Sing | ) www.reuters.com   time to read: +4 min
Yu Liang, president of China Vanke Co Ltd, China's top property developer, attends a news conference announcing the company's annual results in Hong Kong March 6, 2014. China Vanke Co Ltd on Thursday posted a 20.5 percent rise in net profit for 2013, in line with estimates, driven by record contracted sales last year. Yu Liang told investors last week that the property market in the world’s second-largest economy was “oversold”. The chair of $22 billion China Vanke (000002.SZ) is worth listening to. On the same day, the company reported a 19% decline in net profit to 9.9 billion yuan ($1.35 billion) for the six months to the end of June.
Persons: Yu Liang, Bobby Yip, ”, Vanke, homebuyers, Xi Jinping, Xi, Una Galani, Thomas Shum Organizations: China Vanke Co, REUTERS, Reuters, China, Mainland, HK, Securities Times, Shenzhen Metro Group, Thomson Locations: China, Hong Kong, HONG KONG, Shenzhen, Evergrande’s
☆ Country Garden: China's biggest homebuilder is fighting for its life. Here's what you need to know about the real estate crisis
  + stars: | 2023-08-31 | by ( Laura He | ) edition.cnn.com   time to read: +6 min
Hong Kong CNN —Just a few months ago, Country Garden was the biggest property developer in China, with more than 3,000 developments spanning the country. Real estate accounts for between a quarter and third of China’s gross domestic product (GDP). A default by Country Garden or another peer could also spread to China’s wider economy and even spill over into global markets. Beijing has announced a flurry of stimulus measures to bolster the real estate sector in recent days, including easing mortgage curbs for homebuyers. This week’s news from Country Garden and Vanke suggest the crisis might not have bottomed out yet.
Persons: Hong Kong CNN —, “, ”, China Vanke, Zhu Jiusheng, Yu Liang, Yu, Evergrande Organizations: Hong Kong CNN, Zhongrong, Country, National Bureau of Statistics, Kaisa, Shimao, Times Locations: Hong Kong, China, Beijing, Shenzhen, United States, Times China
☆ China property IPO bets on big name to calm fears
  + stars: | 2022-09-22 | by ( Jennifer Hughes | ) www.reuters.com   time to read: +4 min
REUTERS/StringerHONG KONG, Sept 22 (Reuters Breakingviews) - Big names generate deal interest, but that comes with risks, too. At the top of the price range, residential and commercial property manager Onewo will raise about $790 million in what will be Hong Kong’s biggest initial public offering. Two years ago, similar floats were commanding valuations of up to 27 times expected earnings. Those were better times: a Hong Kong index for the sector has dropped 72% since then. Parent Vanke will take some comfort however from other recent listings in Hong Kong.
☆ China Vanke’s Property Management Arm Plans Up to $783.6 Million IPO
  + stars: | 2022-09-19 | by ( Dave Sebastian | ) www.wsj.com   time to read: 1 min
China Vanke’s Onewo could raise as much as $783.6 million in its Hong Kong initial public offering. Onewo Inc., a Chinese property manager majority-owned by developer China Vanke plans to raise up to $783.6 million in its Hong Kong initial public offering, testing a difficult market for new listings against the backdrop of turmoil in China’s real-estate market. The company expects to offer the shares for anywhere from 47.10 Hong Kong dollars—equivalent to $6—to HK$52.70, according to a filing to Hong Kong’s stock exchange on Monday. That gives Onewo a valuation of $7 billion to $7.84 billion, Vanke said.
0 next >>
Total: 6