Property News · November 7, 2023

China Vanke’s biggest shareholder’s pledge to fully support the company sends its shares, bonds rallying


China Vanke, China’s second largest property developer by sales, said it will make timely repayments of its debts after a Chinese authority, which is also its largest shareholder, vowed support to “revitalise the bulk assets and promote the liquidity” of the company.

Source : South China Morning Post
Read more…China Vanke’s biggest shareholder’s pledge to fully support the company sends its shares, bonds rallying