{"id":163618,"date":"2025-10-31T08:47:44","date_gmt":"2025-10-31T01:47:44","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-vanke-reports-us2-3-billion-loss-amid-sales-slowdown\/"},"modified":"2025-10-31T09:13:16","modified_gmt":"2025-10-31T02:13:16","slug":"developer-china-vanke-reports-us2-3-billion-loss-amid-sales-slowdown","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-vanke-reports-us2-3-billion-loss-amid-sales-slowdown\/","title":{"rendered":"Developer China Vanke reports US$2.3 billion loss amid sales slowdown"},"content":{"rendered":"<p>&#013;<br \/>\nDeveloper China Vanke reported a deeper third-quarter loss, highlighting mounting challenges as the prolonged property market downturn continues to weigh on its sales.<br \/>\nThe 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 earlier. That brings its combined losses for the first nine months of the year to 28 billion yuan, according to a statement to the Shenzhen exchange on Thursday.<br \/>\nPersistent&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3330983\/developer-china-vanke-reports-us23-billion-loss-amid-sales-slowdown?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Developer China Vanke reports US.3 billion loss amid sales slowdown<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Developer China Vanke reported a deeper third-quarter loss, highlighting mounting challenges as the prolonged property&#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-163618","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-Gz0","jetpack-related-posts":[{"id":57678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-stake-sale-smooths-way-for-evergrandes-much-prized-shenzhen-ipo-despite-us1b-hit\/","url_meta":{"origin":163618,"position":0},"title":"Vanke stake sale smooths way for Evergrande\u2019s much-prized Shenzhen IPO, despite US$1b hit","date":"June 13, 2017","format":false,"excerpt":"\r Despite taking a hefty loss of 7 billion yuan (US$1 billion), China Evergrande Group is still considered very \u201clucky\u201d to have extracted itself from the China Vanke takeover saga, according to analysts. Evergrande, China\u2019s largest property developer, revealed its holding in housebuilder Vanke was sold to Shenzhen Metro Group\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39175,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-government-vanke-team-up-on-first-public-private-partnership-senior-living-project\/","url_meta":{"origin":163618,"position":1},"title":"Shenzhen government, Vanke team up on first public-private partnership senior living project","date":"December 29, 2016","format":false,"excerpt":"\r Shenzhen, China\u2019s third largest city, is teaming up with the country\u2019s largest homebuilder to jointly develop its first-ever public-private partnership senior living community project, as part of the city\u2019s reforms aimed at addressing a shortage of health care facilities. China Vanke, the Shenzhen-based developer with annual sales surpassing 200\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149261,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-vanke-forecasts-record-us6-2-billion-loss-amid-management-reshuffle\/","url_meta":{"origin":163618,"position":2},"title":"Developer China Vanke forecasts record US$6.2 billion loss amid management reshuffle","date":"January 27, 2025","format":false,"excerpt":"\r New chairman\u2019s state-linked background sends positive signals, but company\u2019s fate still depends on a sales recovery, an analyst says.\r \r Source : South China Morning Post\r Read more...Developer China Vanke forecasts record US.2 billion loss amid management reshuffle","rel":"","context":"In &quot;Property News&quot;","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":163618,"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 &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":163618,"position":4},"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":144321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-puts-shenzhen-land-up-for-auction-as-developer-trims-noncore-assets-to-ease-us147-billion-liabilities\/","url_meta":{"origin":163618,"position":5},"title":"China Vanke puts Shenzhen land up for auction as developer trims noncore assets to ease US$147 billion liabilities","date":"May 8, 2024","format":false,"excerpt":"\r Developer puts another noncore asset on the chopping block to bolster its liquidity and appease creditors, part of its three-pronged strategy to overcome a financial crisis.\r \r Source : South China Morning Post\r Read more...China Vanke puts Shenzhen land up for auction as developer trims noncore assets to ease\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\/163618"}],"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=163618"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/163618\/revisions"}],"predecessor-version":[{"id":163619,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/163618\/revisions\/163619"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=163618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=163618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=163618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}