Asian equities were largely lower despite a weaker U.S. dollar overnight, as Japan outperformed and India underperformed.
Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating ...
Investors said recent positive signs, from improving home prices in top cities to industry leader China Vanke's ...
Reuters on MSN19d
China Vanke gets $383 million loan from Shenzhen MetroFile Photo HONG KONG: Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 million) loan, in a sign the government is stepping up ...
China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ($383 million) to help the struggling developer repay outstanding debt.
Shenzhen Metro Group Co., which holds a 27% stake in Vanke, signed a three-year secured loan agreement with the firm on Monday, according to a filing to the Hong Kong stock exchange. Under the ...
Efforts to spur technological advancements — ones that could see the likes of AI start up DeepSeek spring up — will also be ...
As Vanke retains market leadership in leasing ... we think multiple domestic and overseas (mainly Hong Kong) peers could impose meaningful pressure on rental growth given their solid regional ...
“Vanke is the first developer to see direct state intervention, it’s almost like a bailout,” said CGS International Securities Hong Kong China property research head Raymond Cheng.
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