Shares of China Vanke fell on Wednesday after the state-backed property developer posted steeper losses in the first quarter ...

The loss stemmed mainly from declines in home settlements and gross margins, Vanke said. Margins dropped to 6.1 per cent from ...

Vanke's Hong Kong-listed shares dropped as much as 2.9 percent in early trading, while shares listed in Shenzhen eased 2.6 percent.

Vanke’s net debt/equity ratio has risen to over 80% in 2024, which stays above those of main state-owned peers in the sector. With additional equity raised and short-term loans repaid, the net gearing ...

China Vanke Co.’s first-quarter loss widened, underscoring the property developer’s challenges even after the government in ...

Jacky Wong is a former Heard on the Street columnist covering business and markets in Asia. Previously, he was a Market Talk ...

And they are particularly worrying because Vanke’s woes show the liquidity crisis is hurting one of the few big builders that have avoided default so far. The trouble faced by its Hong Kong ...

“Vanke is the first developer to see direct state intervention, it’s almost like a bailout,” said CGS International Securities Hong Kong China property research head Raymond Cheng.