Its Hong Kong-listed shares were up around 6% as of 0149 GMT, after opening 8.7% higher. China's stock market is closed on Tuesday for the Lunar New Year holiday. Worries over Vanke's liquidity ...
Asian equities were largely lower despite a weaker U.S. dollar overnight, as Japan outperformed and India underperformed.
Reuters on MSN16d
China Vanke gets US$383 million loan from state shareholderHONG KONG: Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan (US$383.12 million) loan, in a sign the government is stepping up efforts ...
Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating ...
Vanke's Hong Kong-listed shares closed up 2.1% on Tuesday, after opening 8.7% higher, while the Hang Seng Mainland Properties Index slipped 0.5%. China's stock markets were closed on Tuesday for ...
Shenzhen Metro Group Co., which holds a 27% stake in Vanke, signed a three-year secured loan agreement with the firm on Monday, according to a filing to the Hong Kong stock exchange. Under the ...
Vanke warned Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed. Vanke said it expected a net loss of approximately 45 billion yuan (US$6.2 billion ...
Shenzhen Metro Group is the Chinese property giant's largest shareholder with the move coming after Vanke said it could make ...
Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed.
HONG KONG (Reuters) -Property developer China Vanke's Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its ...
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