Property News · December 23, 2016

Tussle for Vanke lay bare China’s regulatory gaps and governance


The tussle for control of China Vanke, the country’s largest property developer with more than 200 billion yuan (HK$223 billion) in annual sales, appears to have ended after interventions by the Chinese securities and insurance regulators.
The barbarians stormed Vanke’s gate, but the battle ended before fighting actually began. What took place over 12 months wrecked havoc on minority shareholders and laid bare the shortcomings in the coordination and communication in China’s…

Source : South China Morning Post
Read more…Tussle for Vanke lay bare China’s regulatory gaps and governance

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