{"id":105507,"date":"2019-03-28T15:52:18","date_gmt":"2019-03-28T08:52:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-giant-china-vanke-aims-to-raise-us1-billion-in-new-shares-sale-as-it-prepares-to-survive-housing-market-slump\/"},"modified":"2019-03-28T16:03:23","modified_gmt":"2019-03-28T09:03:23","slug":"property-giant-china-vanke-aims-to-raise-us1-billion-in-new-shares-sale-as-it-prepares-to-survive-housing-market-slump","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-giant-china-vanke-aims-to-raise-us1-billion-in-new-shares-sale-as-it-prepares-to-survive-housing-market-slump\/","title":{"rendered":"Property giant China Vanke aims to raise US$1 billion in new shares sale as it prepares \u2018to survive\u2019 housing market slump"},"content":{"rendered":"


\nProperty giant China Vanke aims to raise HK$7.8 billion (US$1 billion) through a placement of new shares as it prepares to deal with a slowdown in the housing market.Vanke, mainland China\u2019s second-largest developer by sales, said it will place 263 million new shares on the Hong Kong stock exchange at a price of HK$29.68 apiece to raise HK$7.8 billion in capital.The announcement on Thursday came as the mainland\u2019s developers face uncertainty amid a sharp drop in property sales.\u201cThey will not rake\u2026
\n
\nSource : South China Morning Post
\nRead more…Property giant China Vanke aims to raise US billion in new shares sale as it prepares \u2018to survive\u2019 housing market slump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Property giant China Vanke aims to raise HK$7.8 billion (US$1 billion) through a placement of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-105507","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rrJ","jetpack-related-posts":[{"id":116890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-chinas-third-largest-developer-seeks-to-ease-coronavirus-pain-by-floating-additional-shares-in-hong-kong-and-raising-us1-billion\/","url_meta":{"origin":105507,"position":0},"title":"Vanke, China\u2019s third-largest developer, seeks to ease coronavirus pain by floating additional shares in Hong Kong and raising US$1 billion","date":"June 4, 2020","format":false,"excerpt":"\r China Vanke, the mainland\u2019s third-largest home builder, aims to raise HK$7.87 billion (US$1.01 billion) in fresh capital to repay overseas debt and boost its working capital by floating additional shares in Hong Kong.In a filing to the city\u2019s exchange on Thursday, Vanke said it will sell 315.59 million shares\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142994,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-vanke-claims-moodys-junk-level-downgrade-is-manageable-as-shares-and-bonds-gain-on-bailout-reports\/","url_meta":{"origin":105507,"position":1},"title":"Developer China Vanke claims Moody\u2019s junk-level downgrade is manageable as shares and bonds gain on bailout reports","date":"March 12, 2024","format":false,"excerpt":"\r The impact of Monday\u2019s downgrade is \u2018controllable\u2019, the second-largest Chinese developer says. Its shares rose more than 10 per cent to HK$6.30 on Tuesday on belief commercial banks will raise up to US$11.1 billion to repay its debts.\r \r Source : South China Morning Post\r Read more...Developer China Vanke\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32487,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-lifts-stake-in-vanke-to-7-per-cent\/","url_meta":{"origin":105507,"position":2},"title":"China Evergrande lifts stake in Vanke to 7 per cent","date":"November 1, 2016","format":false,"excerpt":"\r Property giant China Evergrande Group has further raised its stake in rival China Vanke to 7 per cent from 6.82 per cent, according to a stock exchange statement. Vanke\u2019s Hong Kong shares hit a two-month high of HK$20.9 by 10:53 am. Its shares in Shenzhen also rose 0.8 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134493,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cash-strapped-china-vanke-seeks-us2-2-billion-from-private-shares-sale-to-keep-property-projects-on-track\/","url_meta":{"origin":105507,"position":3},"title":"Cash-strapped China Vanke seeks US$2.2 billion from private shares sale to keep property projects on track","date":"February 13, 2023","format":false,"excerpt":"\r The indebted Chinese developer said it plans to raise up to 15 billion yuan by issuing 1.1 billion shares to specific investors in the Shenzhen stock market to replenish its liquidity and fund real estate projects that are already under way.\r \r Source : South China Morning Post\r Read\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-owning-land-to-owning-shares\/","url_meta":{"origin":105507,"position":4},"title":"From owning land, to owning shares","date":"August 16, 2016","format":false,"excerpt":"\r In just over 10 days, China Evergrande Group came from nowhere to emerge as the third-largest shareholder in China Vanke Co., in the process creating 6.18 billion yuan (HK$7.24 billion) in paper gains for itself.\r \r Source : South China Morning Post\r Read more...From owning land, to owning shares","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38576,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-shares-tumble-after-restructuring-plan-falls-flat\/","url_meta":{"origin":105507,"position":5},"title":"China Vanke shares tumble after restructuring plan falls flat","date":"December 19, 2016","format":false,"excerpt":"\r Shares of China Vanke, the country\u2019s largest homebuilder which is embroiled in a long-running takeover tussle, slumped on Monday as the firm scrapped a \u201cwhite knight\u201d plan after a leading contender declared it had no intention to control the company. Vanke fell 6.06 per cent in Shenzhen to 21.10\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105507"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=105507"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105507\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}