{"id":146855,"date":"2024-08-30T20:00:20","date_gmt":"2024-08-30T13:00:20","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-suffers-first-interim-loss-in-two-decades-as-home-sales-plunge-38\/"},"modified":"2024-09-03T15:28:26","modified_gmt":"2024-09-03T08:28:26","slug":"china-vanke-suffers-first-interim-loss-in-two-decades-as-home-sales-plunge-38","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-suffers-first-interim-loss-in-two-decades-as-home-sales-plunge-38\/","title":{"rendered":"China Vanke suffers first interim loss in two decades as home sales plunge 38%"},"content":{"rendered":"<p>&#013;<br \/>\nThe loss came in 9.4 per cent higher than the top of a range the company defined in a warning last month as home sales plunged nearly 38 per cent.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3276636\/china-vanke-suffers-first-interim-loss-two-decades-home-sales-plunge-38?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">China Vanke suffers first interim loss in two decades as home sales plunge 38%<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The loss came in 9.4 per cent higher than the top of a range the&#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-146855","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-CcD","jetpack-related-posts":[{"id":103695,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-china-evergrande-and-china-vanke-among-developers-reporting-decline-in-january-home-sales\/","url_meta":{"origin":146855,"position":0},"title":"Country Garden, China Evergrande and China Vanke among developers reporting decline in January home sales","date":"February 5, 2019","format":false,"excerpt":"\r Mainland Chinese property developers have reported a decline in home sales for January, in a sign the Year of the Pig could be in for a rocky start. According to property consultancy CRIC, more than 30 per cent of the mainland\u2019s top 100 developers posted a year-on-year drop in\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":146855,"position":1},"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":[]},{"id":105453,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-and-china-vanke-report-profit-gains-and-high-debt-ratios-during-2018\/","url_meta":{"origin":146855,"position":2},"title":"China Evergrande and China Vanke report profit gains and high debt ratios during 2018","date":"March 27, 2019","format":false,"excerpt":"\r Mainland property developers China Vanke and China Evergrande Group reported upbeat profit results for 2018, along with higher debt levels.Evergrande, chaired by billionaire Hui Ka-yan, saw core profit jump 93.3 per cent to 78.32 billion yuan (US$11.88 billion) for the year, up 93.3 per cent on year, while revenue\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-slashes-project-price-by-40-per-cent-offers-200000-yuan-to-first-round-of-homebuyers-for-design-change\/","url_meta":{"origin":146855,"position":3},"title":"China Vanke slashes project price by 40 per cent, offers 200,000 yuan to first round of homebuyers for \u2018design change\u2019","date":"October 11, 2018","format":false,"excerpt":"\r China Vanke, the country\u2019s second-largest property developer by sales, on Wednesday said it was offering 200,000 yuan (US$28,800) in compensation to buyers at its Shoukai-Vanke Bailujun Project in Xiamen for \u201cdesign adjustments\u201d. The offer comes after Vanke recently lowered the selling prices of the project, which has been on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-vanke-reports-us2-3-billion-loss-amid-sales-slowdown\/","url_meta":{"origin":146855,"position":4},"title":"Developer China Vanke reports US$2.3 billion loss amid sales slowdown","date":"October 31, 2025","format":false,"excerpt":"\r Developer China Vanke reported a deeper third-quarter loss, highlighting mounting challenges as the prolonged property market downturn continues to weigh on its sales. The Shenzhen-based company posted a loss of 16.1 billion yuan (US$2.3 billion) in the three months ended September 30, roughly doubling its loss from a year\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105325,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-should-investors-expect-as-china-vanke-china-evergrande-get-ready-to-announce-results\/","url_meta":{"origin":146855,"position":5},"title":"What should investors expect as China Vanke, China Evergrande get ready to announce results?","date":"March 23, 2019","format":false,"excerpt":"\r A big run-up in share prices of China Vanke and China Evergrande this year may mean more potential risk than reward for investors thinking about piling in ahead of the heavyweight home developers\u2019 2018 earnings announcements next week, analysts say.China Vanke \u2013 the second-largest mainland developer by sales \u2013\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\/146855"}],"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=146855"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146855\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}