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China Vanke Co.’s first-quarter loss widened, underscoring the property developer’s challenges even after the government in ...
HONG KONG (Reuters) -Shares of China Vanke fell on Wednesday after the state-backed property developer posted steeper losses ...
The loss stemmed mainly from declines in home settlements and gross margins, Vanke said. Margins dropped to 6.1 per cent from ...
Vanke said 2024 was an "exceptionally challenging year" in a filing to the Hong Kong stock exchange and apologised for "distress caused... due to the significant decline in sales, substantial ...
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.
As Vanke retains market leadership in leasing ... we think multiple domestic and overseas (mainly Hong Kong) peers could impose meaningful pressure on rental growth given their solid regional ...
Jacky Wong is a former Heard on the Street columnist covering business and markets in Asia. Previously, he was a Market Talk ...
While Vanke has tapped into the equity market by raising capital in stock exchanges in Shenzhen and Hong Kong, we suspect that issuing shares at discounts will be opposed by minority shareholders ...
HONG KONG, April 30 (Reuters) - Shares of China Vanke fell on Wednesday after the state-backed property developer posted steeper losses in the first quarter and approved a plan to sell A-shares ...