{"id":124574,"date":"2022-02-14T16:30:14","date_gmt":"2022-02-14T09:30:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-says-golden-age-of-chinas-property-sector-is-over-as-bellwether-developer-girds-up-for-hard-times-ahead\/"},"modified":"2022-02-14T17:14:35","modified_gmt":"2022-02-14T10:14:35","slug":"vanke-says-golden-age-of-chinas-property-sector-is-over-as-bellwether-developer-girds-up-for-hard-times-ahead","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-says-golden-age-of-chinas-property-sector-is-over-as-bellwether-developer-girds-up-for-hard-times-ahead\/","title":{"rendered":"Vanke says golden age of China\u2019s property sector is over as bellwether developer girds up for hard times ahead"},"content":{"rendered":"<p>&#013;<br \/>\nThe chairman of China Vanke, the country\u2019s third-biggest home seller by sales, issued a clarion call to his staff, urging them to gear up for a bruising battle that may make or break the company this year.\u201cWe are on our last legs, which means there are no other options,\u201d said Yu Liang during the company\u2019s annual staff meeting on January 9, according to an internal document seen by the Post titled \u2018You will win, if you dare to fight\u2019. \u201cMany of us have not comprehensively understood the situation\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3166975\/vanke-says-golden-age-chinas-property-sector-over-bellwether?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Vanke says golden age of China\u2019s property sector is over as bellwether developer girds up for hard times ahead<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The chairman of China Vanke, the country\u2019s third-biggest home seller by sales, issued a clarion&#46;&#46;&#46;<\/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-124574","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-wpg","jetpack-related-posts":[{"id":143111,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-secures-us194-million-loan-from-industrial-bank-in-brief-respite-for-troubled-property-developer\/","url_meta":{"origin":124574,"position":0},"title":"China Vanke secures US$194 million loan from Industrial Bank in brief respite for troubled property developer","date":"March 20, 2024","format":false,"excerpt":"\r A loan for China Vanke, one of China\u2019s largest developers, could provide temporary relief to a sector rocked by defaults and by a court order for the liquidation of China Evergrande Group, the world\u2019s most indebted developer.\r \r Source : South China Morning Post\r Read more...China Vanke secures US4\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35498,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-inches-closer-to-vanke-prize-with-10pc-stake-in-chinas-largest-developer\/","url_meta":{"origin":124574,"position":1},"title":"Evergrande inches closer to Vanke prize with 10pc stake in China\u2019s largest developer","date":"November 23, 2016","format":false,"excerpt":"\r China Evergrande Group is inching closer to its goal of seeking a seat among the directors of China Vanke Co, with a disclosure that it has accumulated 10 per cent of the larger developer\u2019s outstanding shares. Associated companies and units belonging to Evergrande have bought 552 million Vanke shares\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-offshore-bondholders-face-near-wipeout-in-barclays-worst-case-scenario\/","url_meta":{"origin":124574,"position":2},"title":"China Vanke offshore bondholders face near wipeout in Barclays worst-case scenario","date":"January 8, 2026","format":false,"excerpt":"\r Offshore bondholders of distressed developer China Vanke could face near-total losses in a worst-case scenario, according to Barclays, underscoring the deepening risks in mainland China\u2019s property sector. In a base-case scenario, bondholders may recover just 10.1 per cent of what they were owed, roughly half what already deeply distressed\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-shares-soar-to-record-after-winning-buyout-for-chinas-biggest-warehouse-operator\/","url_meta":{"origin":124574,"position":3},"title":"Vanke shares soar to record after winning buyout for China\u2019s biggest warehouse operator","date":"July 18, 2017","format":false,"excerpt":"\r China Vanke shares jumped to all time high as it becomes a major shareholder of Global Logistics Properties, the biggest operator of industrial real estate in China. Vanke rose as much as 4 per cent in Hong Kong to hit HK$24.2 after its trading resumed on Tuesday morning, a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":124574,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-high-sales-at-chinese-developer-vanke-which-unveiled-to-survive-slogan-in-2018\/","url_meta":{"origin":124574,"position":5},"title":"Record high sales at Chinese developer Vanke, which unveiled \u2018to survive\u2019 slogan, in 2018","date":"January 4, 2019","format":false,"excerpt":"\r China Vanke, mainland China\u2019s second-largest property developer by sales, said on Friday it generated 606.95 billion yuan (US$88.28 billion) in sales last year, a record high for the company. Vanke said contracted sales in December were up by 8 per cent compared with the previous month, generating 63.01 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124574"}],"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=124574"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124574\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}