China Vanke
China Vanke seeks a one-year extension on second bond of 3.7 billion yuan
The request comes as the firm scrambles to secure enough creditor support for a plan to delay payment on a 2 billion yuan bond
China Vanke aims to avoid default as bondholder vote begins
The company needs approval from holders of at least 90% of the amount owed
Several Vanke bondholders signal they will oppose extension plan: sources
The extension will give Vanke some breathing room before it considers a broader restructuring
China Vanke asks for 12 months to pay bond under extension plan
The 3% coupon would remain unchanged during the extension period
China tells stats providers to halt home sales data publication
Information is an important gauge of the new-home market as it is published 2 or 3 weeks before official data
China’s private data on home sales vanishes after Vanke turmoil
Global banks remain pessimistic on China’s property market, which has faced renewed sales weakness since the second quarter
S&P downgrades China Vanke, says its financial commitments unsustainable
Debt woes at Vanke have revived concerns that China’s real estate sector could fall back into crisis
Vanke’s loan request rejected by at least two Chinese banks
The response underscores waning support for one of the last big survivors of China’s real estate crisis
China property woes deepen as Vanke seeks bond payment delay
Shenzhen Metro Group has extended about 30 billion yuan in loans to the cash-strapped builder, a crucial funding source that helped the company repay bonds this year
China property crisis thrust back into spotlight by Vanke plunge
The company faces immediate tests next month when two onshore bonds come due