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Top related persons:
Zhiwei Zhang - 1 Yu Liang - 1 Bobby Yip - 1 ” - 1 Vanke - 1 homebuyers - 1 Xi Jinping - 1 Xi - 1
Top related locs:
China Hong Kong Hefei BEIJING Nanjing Vanke’s Hong Kong HONG KONG Shenzhen
Top related orgs:
China Vanke Co - 2 National Bureau of Statistics - 1 Investment - 1 Zuma Press - 1 U.S - 1 REUTERS - 1 China - 1 Mainland - 1

Search resuls for: "China Vanke Co"


5 mentions found


☆ China misses fourth-quarter GDP estimates, resumes posting youth unemployment data
  + stars: | 2024-01-17 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +3 min
BEIJING — China missed fourth-quarter GDP estimates on Wednesday, while it resumed reporting the unemployment rate for young people. GDP for the last three months of 2023 rose by 5.2%, according to China's National Bureau of Statistics. Excluding people still in school, the unemployment rate for young people aged 16 to 24 was 14.9%, while the rate in cities in December was 5.1%. Online retail sales of physical goods rose by 8.4%, accounting for nearly 28% of overall retail sales. Retail sales for December saw a 29% surge in jewelry and 26% increase in purchases of clothes and shoes.
Persons: Zhiwei Zhang Organizations: China Vanke Co, National Bureau of Statistics, Investment Locations: China, Hefei, BEIJING
☆ 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
☆ Chinese real estate stocks rise as Beijing extends property support measures
  + stars: | 2023-07-11 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: +1 min
A crane with the China Vanke logo at a residential construction site in China, on Sept. 28, 2021. Hong Kong-listed real estate stocks saw large gains. However, the CSI 300 Real Estate Index fell 0.44%, paring gains from earlier. Chinese real estate stocks mostly rose after the country announced it will extend two financial policies to support the real estate market until the end of 2024. Xinhua reported that the move is to "guide financial institutions to continue deferring loan payments for real estate enterprises, while propping up financial support for the real estate enterprises to ensure the delivery of housing projects."
Persons: ICBC Organizations: Logan Group, Country Garden Holdings, China Vanke, CSI, China Construction Bank, Bank of, People's Bank of China, Xinhua Locations: China, Hong Kong, Bank of China
☆ Leapmotor, Onewo shares open sharply lower in Hong Kong debut
  + stars: | 2022-09-29 | by ( Scott Murdoch Donny Kwok | Scott Murdoch | Donny Kwok | ) www.reuters.com   time to read: +3 min
Leapmotor raised $800 million, while Onewo raised $733 million from their initial public offerings(IPOs). Lithium battery maker CALB is finalising its $1.28 billion Hong Kong IPO and has priced its shares at HK$38 each, according to two sources with direct knowledge of the matter. Leapmotor and Onewo IPOs received a lukewarm response from the city's retail investors who did not take up the full amount of shares offered to them, according to the firms' filings. Leapmotor shares were priced at the low end of its marketed range, while Onewo shares were priced at the mid point of its indicated price range. read more($1 = 7.8498 Hong Kong dollars)Register now for FREE unlimited access to Reuters.com RegisterReporting by Scott Murdoch; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.
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