{"id":167333,"date":"2025-12-14T16:00:12","date_gmt":"2025-12-14T09:00:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vankes-bondholders-reject-extension-plan-on-2-billion-yuan-of-bonds-raising-default-risk\/"},"modified":"2025-12-14T16:36:51","modified_gmt":"2025-12-14T09:36:51","slug":"vankes-bondholders-reject-extension-plan-on-2-billion-yuan-of-bonds-raising-default-risk","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vankes-bondholders-reject-extension-plan-on-2-billion-yuan-of-bonds-raising-default-risk\/","title":{"rendered":"Vanke\u2019s bondholders reject extension plan on 2 billion yuan of bonds, raising default risk"},"content":{"rendered":"<p>&#013;<br \/>\nChina Vanke failed to secure bondholder approval to extend by one year a bond payment due on Monday, a filing showed, increasing the risk of default for the developer and renewing concerns about the crisis-hit property sector.<br \/>\nThe setback for state-backed Vanke, one of China\u2019s highest-profile developers with projects in major cities, renews concerns about the property sector, where some of the country\u2019s best-known developers have defaulted in recent years.<br \/>\nThe rejection in a three-day vote that&#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\/3336379\/vankes-bondholders-reject-extension-plan-2-billion-yuan-bonds-raising-default-risk?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Vanke\u2019s bondholders reject extension plan on 2 billion yuan of bonds, raising default risk<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Vanke failed to secure bondholder approval to extend by one year a bond payment&#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-167333","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-HwV","jetpack-related-posts":[{"id":17022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vankes-45-6-billion-yuan-share-sale-plan-faces-objection-from-china-resources\/","url_meta":{"origin":167333,"position":0},"title":"China Vanke\u2019s 45.6 billion yuan share sale plan faces objection from China Resources","date":"June 19, 2016","format":false,"excerpt":"\r China Vanke chairman Wang Shi\u2019s bid to retain management control of the company he founded remains into doubt after its second-largest shareholder China Resources (Holdings) said it strongly opposed a deal designed to ward off an unwanted takeover through the issuance of \r \r Source : South China Morning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57196,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-metro-set-to-become-vankes-largest-shareholder\/","url_meta":{"origin":167333,"position":1},"title":"Shenzhen Metro set to become Vanke\u2019s largest shareholder","date":"June 7, 2017","format":false,"excerpt":"\r China Vanke, the target of one of the country\u2019s most contentious corporate raids in recent years, said its second-largest shareholder, Shenzhen Metro Group, is considering raising its stake in the property developer. \u201cDetails regarding such an acquisition have not been confirmed and are subject to requisite approvals,\u201d Vanke said\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expect-no-systemic-shock-from-chinese-developer-vankes-technical-default-hsbc\/","url_meta":{"origin":167333,"position":2},"title":"Expect no \u2018systemic shock\u2019 from Chinese developer Vanke\u2019s \u2018technical default\u2019: HSBC","date":"January 13, 2026","format":false,"excerpt":"\r Distressed Chinese property developer Vanke\u2019s potential debt restructuring constitutes a one-off, technical default, and was not likely to result in contagion effects, according to an HSBC report. The leading mainland developer before it got caught up in the property crisis, Vanke has not yet registered a material default on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96373,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firm-vankes-first-half-profit-rises-25-per-cent-as-faster-construction-lifts-sales\/","url_meta":{"origin":167333,"position":3},"title":"Chinese property firm Vanke\u2019s first-half profit rises 25 per cent as faster construction lifts sales","date":"August 20, 2018","format":false,"excerpt":"\r China Vanke, the country\u2019s second-largest property developer by sales, posted a 25 per cent rise in first-half profit on Monday, as a faster construction speed helped it sell more homes. Net profit climbed to 9.1 billion yuan (US$1.3 billion) for the first six months of this year, while revenue\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vankes-first-half-profit-jumps-37pc\/","url_meta":{"origin":167333,"position":4},"title":"China Vanke\u2019s first-half profit jumps 37pc","date":"August 24, 2017","format":false,"excerpt":"\r China Vanke, the country\u2019s second largest homebuilder by sales, posted a 37 per cent rise in its first-half profit, benefitting from improved margin of its booked projects. Net profit grew to 7.3 billion yuan (US$1.1 billion) for the first six months, beating the HK$6.4 billion forecast of one analyst\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tussle-for-vanke-lay-bare-chinas-regulatory-gaps-and-governance\/","url_meta":{"origin":167333,"position":5},"title":"Tussle for Vanke lay bare China\u2019s regulatory gaps and governance","date":"December 23, 2016","format":false,"excerpt":"\r The tussle for control of China Vanke, the country\u2019s 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\u2019s gate, but the battle ended before fighting actually began.\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\/167333"}],"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=167333"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/167333\/revisions"}],"predecessor-version":[{"id":167334,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/167333\/revisions\/167334"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=167333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=167333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=167333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}