China Vanke
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
China extends home purchase tax cut to bolster property market
The exemption applies to individuals selling residential properties they have owned for at least two years
China Vanke bondholders approve grace period extension, reject year-long delay
[HONG KONG] China Vanke’s bondholders approved a proposal by the state-backed developer to extend the grace period for a 3.7 billion yuan (S$678 million) bond repayment, but rejected delaying the repa...
China Vanke’s bondholders approve plan to extend grace period, reject repayment extension
A 30-day grace period gives the developer until Jan 27 to strike a deal with bondholders on terms to delay the repayment
Vanke sweetens bond extension proposal to avert debt default
The developer is also seeking to extend repayment grace period to 30 days
China Vanke faces reality check as bond extension talks drag on
Financial institutions including banks have in general become less patient with struggling developers
China developer Vanke plans second bondholders’ meeting to avoid onshore default
The bond tranche is due on Monday and has a five-business-day grace period
