China Vanke

Builder China Vanke posts 5.95 billion yuan loss in Q1

Vanke’s quarterly loss follows its combined loss of more than 130 billion yuan in the past two fiscal years.

Developer China Vanke posts 5.95 billion yuan loss in Q1

Vanke has been contending with a liquidity crunch for more than two years and has leaned heavily on shareholder loans from Shenzhen Metro Group.

China Vanke wins backing for bond delay plan, easing default risk

Vanke has been in the midst of a liquidity crunch for more than two years, during which it has leaned heavily on loans from its state-owned shareholder to service debt.

China Vanke seeks to delay another bond payment to avoid default

Vanke is one of the few major Chinese property developers to so far avoid default, even as its liquidity has been strained by the country’s years-long real estate crisis.

China Vanke seeks bond delay again as it works on restructuring plan

Once China’s largest developer, Vanke is now at the epicentre of the nation’s years-long property crisis.

China Vanke’s record loss leaves developer at mercy of state backer

Vanke is now at the epicentre of attention and had to recently get an extension on the repayment of some bonds to avoid default.

China Vanke warns losses widened to record last year

Vanke has been at the centre of the country’s protracted property sector crisis, during which many of its rivals, big and small, have defaulted on their debt repayments.

Vanke gets approval for more bond repayment deferrals as China is seen stepping in to avert immediate default

China Vanke is about US$50 billion in debt.

China Vanke wins creditor support for bond repayment plan; imminent default risk recedes

Vanke, the last major Chinese developer to stave off debt failure so far, is under mounting strain from nearly US$50 billion in interest-bearing liabilities.

China Vanke bonds extend rally on sweetened extension proposals