Por: MarketWatch Business November 07, 2023
Shenzhen Metro owns over 30% of Vanke, according to FactSet. As part of demonstrating confidence in Vanke, Shenzhen Metro will buy some of the developer's urban renewal projects in Shenzhen, China, for more than 10 billion yuan ($1.38 billion), which will help boost liquidity, the developer said. Vanke, like may of its peers, has been hit by declining property sales and weak consumer confidence. Some of China's property companies face... + full article
MarketWatch USA Business November 07, 2023
Shenzhen Metro owns over 30% of Vanke, according to FactSet. As part of demonstrating confidence in Vanke, Shenzhen Metro will buy some of the developer's urban renewal projects in Shenzhen, China, for more than 10 billion yuan ($1.38 billion), which will help boost... + más
China Vanke Shareholder Expresses Support, Plans Over $1.0 Bln Investment | MarketWatch
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MarketWatch USA Business October 31, 2022
Other Chinese property developers also weakened amid a prolonged downturn in the sector. China Vanke Co.'s Hong Kong-listed stock slid 8.3% after third-quarter net profit climbed 2.2% from a year earlier, slowing from the 11% rise in the first half. The Hang Seng Mainland... + más
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CNBC USA Business September 29, 2022
A gong inside the Hong Kong Stock Exchange. China Vanke's subsidiary Onewo and EV maker Zhejiang Leapmotor Technology began trading on the Hong Kong market on Thursday.Paul Yeung Bloomberg Getty ImagesLeapmotor and Onewo, among Hong Kong's largest completed initial... + más
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