Property News · April 2, 2020

Chinese property giants China Vanke and Dalian Wanda donate US$225 million to fund Covid-19 research, struggling businesses


Property giants China Vanke and Dalian Wanda Commercial Management have unveiled a combined 16 billion yuan (US$225 million) in funding initiatives to help people affected by the coronavirus epidemic.The Vanke Founding Shareholders’ Equity Management Centre, which manages 200 million Vanke shares owned by its employees, has decided to donate all of them to one of Tsinghua University’s education funds to finance the establishment of a public health research institute.Shenzhen-based China Vanke,…

Source : South China Morning Post
Read more…Chinese property giants China Vanke and Dalian Wanda donate US5 million to fund Covid-19 research, struggling businesses