China Vanke
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
China Vanke faces next test as debt default pressure builds
Some market watchers have warned that a full-scale debt restructuring is inevitable as extensions don’t address the underlying issues
Vanke’s former chairman Yu Liang resigns from struggling developer
The change comes as Vanke races to win support from investors to delay some of its bond repayments
China Vanke wins nod from lenders to defer interest payments: sources
The new payment arrangement comes after the developer missed a quarterly loan interest payment due last month
China Vanke fallout seen as smaller builder seeks state support
Overseas Chinese Town has told investors that the state asset supervisor will ensure that bond repayments are made