{"id":38639,"date":"2016-12-20T16:22:35","date_gmt":"2016-12-20T09:22:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-why-evergrandes-pursuit-of-vanke-failed-politics\/"},"modified":"2016-12-20T16:32:22","modified_gmt":"2016-12-20T09:32:22","slug":"heres-why-evergrandes-pursuit-of-vanke-failed-politics","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-why-evergrandes-pursuit-of-vanke-failed-politics\/","title":{"rendered":"Here\u2019s why Evergrande\u2019s pursuit of Vanke failed: politics"},"content":{"rendered":"<p>&#013;<br \/>\nThe control of China Vanke, the country\u2019s largest property developer, has always been a political matter, not economic or business. So it was too, with the spectacular failure of China Evergrande and Baoneng Group in their pursuit of Vanke.<br \/>\nOver the last two weeks, mainland regulators have not only named and shamed Evergrande and Baoneng, but also sent in investigators to study their insurance units. All these have forced their sale of insurance products \u2013 a major source of funding&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/companies\/article\/2056068\/heres-why-evergrandes-pursuit-vanke-failed-politics\" target=\"_blank\">Here\u2019s why Evergrande\u2019s pursuit of Vanke failed: politics<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The control of China Vanke, the country\u2019s largest property developer, has always been a political&#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-38639","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-a3d","jetpack-related-posts":[{"id":38939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whats-next-for-baoneng-and-evergrande-after-the-tussle-for-vanke\/","url_meta":{"origin":38639,"position":0},"title":"What\u2019s next for Baoneng and Evergrande after the tussle for Vanke?","date":"December 23, 2016","format":false,"excerpt":"\r The year-long battle for Vanke is likely to be over. The developer\u2019s share price fell 15.6 per cent in Hong Kong during the 12 months, declining 16.8 per cent in Shenzhen in the same period. Chairman Wang Shi and his management team, who together control 8.41 per cent of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23065,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-enters-battle-for-china-vanke\/","url_meta":{"origin":38639,"position":1},"title":"Evergrande enters battle for China Vanke","date":"August 16, 2016","format":false,"excerpt":"\r Property group\u2019s stake may tilt tussle for control towards Baoneng or Vanke\u2019s management\r \r Source : ft.com\r Read more...Evergrande enters battle for China Vanke","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36578,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-tussle-intensifies-as-evergrande-gets-closer-to-no-2-shareholder\/","url_meta":{"origin":38639,"position":2},"title":"Vanke tussle intensifies as Evergrande gets closer to No 2 shareholder","date":"November 30, 2016","format":false,"excerpt":"\r China Evergrande Group is fast approaching the door to China Vanke\u2019s boardroom after it has accumulated a 14 per cent stake in the country\u2019s largest homebuilder and is on its way to become its second-largest shareholder. Vanke, chaired by property tycoon Wang Shi, has been embroiled in a long-running\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43187,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-files-lawsuit-to-invalidate-ownership-rights-of-majority-shareholder-baoneng\/","url_meta":{"origin":38639,"position":3},"title":"China Vanke files lawsuit to invalidate ownership rights of majority shareholder Baoneng","date":"February 7, 2017","format":false,"excerpt":"\r China Vanke, which has been embroiled in a high-profile corporate power struggle for more than a year, filed a lawsuit to invalidate the shares held by its largest shareholder Baoneng Group. Vanke alleges that insurance conglomerate Baoneng violated securities laws while it accumulated a 25.4 per cent holding in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":38639,"position":4},"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":18854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-gains-after-baoneng-raises-shareholding-to-almost-25pc\/","url_meta":{"origin":38639,"position":5},"title":"Vanke gains after Baoneng raises shareholding to almost 25pc","date":"July 6, 2016","format":false,"excerpt":"\r China Vanke, embroiled in a long-running takeover saga, saw its mainland traded A-shares rebound on Wednesday after its largest shareholder Baoneng Group raised its stake in the company to approximately 25 per cent.\r \r Source : South China Morning Post\r Read more...Vanke gains after Baoneng raises shareholding to almost\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\/38639"}],"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=38639"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/38639\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=38639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=38639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=38639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}