Is China Vanke Co. the last one standing as the nation’s unprecedented property downturn and developer defaults enter a third year?

In a Sunday meeting with brokers, China’s second-largest builder by sales denied rampant market rumors and explained in detail the circumstances of a funding dispute with a business partner as well as the emigration of a senior executive. Vanke’s dollar bonds tumbled in recent days amid weak home sales.

QOSHE - Vanke’s Denials Say Everything About China Property - Shuli Ren
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Vanke’s Denials Say Everything About China Property

14 0
15.04.2024

Is China Vanke Co. the last one standing as the nation’s unprecedented property downturn and developer defaults........

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