China Vanke
Developer China Vanke posts 5.95 billion yuan loss in Q1
[BEIJING] China Vanke’s losses dragged on in the first quarter as the embattled developer faces a wall of upcoming debt maturities.
China Vanke wins backing for bond delay plan, easing default risk
The company faces more than 11 billion yuan of bond maturities in the coming months
China Vanke seeks to delay another bond payment to avoid default
The company is also facing financial pressure from interest payments on some of its loans and needs to renegotiate those terms
China Vanke seeks bond delay again as it works on restructuring plan
The distressed developer has been wrestling with a liquidity crunch for more than two years
China Vanke’s record loss leaves developer at mercy of state backer
The company has been wrestling with a liquidity crunch for more than two year
China Vanke warns losses widened to record last year
The results illustrate how the country’s years-long property crisis is not over
Vanke gets approval for more bond repayment deferrals as China is seen stepping in to avert immediate default
Beijing has rolled out a number of measures aimed at supporting the property market
China Vanke wins creditor support for bond repayment plan; imminent default risk recedes
[HONG KONG] China Vanke said on Wednesday it had gained creditor approval to defer some repayments soon owed on a 1.1 billion yuan (S$205 million) puttable bond, likely helping the state-backed proper...
China Vanke bonds extend rally on sweetened extension proposals
The company is also preparing a broader restructuring plan, which still needs Beijing’s approval
China Vanke asks to extend bond grace period again, adds collateral
The company is also preparing a broader restructuring plan
