The Shenzhen-based company said in a filing late Monday that it received the loan from Shenzhen Metro Group, which is a state-owned subway operator in one of the biggest cities in China. The loan was ...

Shenzhen Metro Group, which holds a 27.2 per cent stake, signed a three-year agreement with Vanke to provide secured loans of ...

HONG KONG (Reuters) - Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 ...

Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 ...

China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ...

The government in the Chinese city of Shenzhen has made 10 new management appointments at China Vanke , according to an ...

Vanke’s net debt/equity ratio has risen to over 60%, which stays above those of main state-owned peers in the sector. With additional equity raised and short-term loans repaid, the net gearing and ...

More than three years into China’s housing crisis, there is still no sign of its ending. Now, as private and locally-owned developers keep faltering, the sector is becoming more state-dominated. That ...

As the Chinese people are celebrating the Spring Festival, or the Chinese Lunar New Year, they have been joined this year by ...

It was a quiet night as DeepSeek was by far the topic du jour in the region, though Mainland China (closed until next ...

Property developer China Vanke Co., which warned of a record $6.2 billion loss, has been thrown a lifeline by the government.