TOPIC

/ company

China Vanke

Vanke is a real estate developer in China.

Chairman / President

Yu Liang

CEO / Managing Director

Zhu Jiusheng

CFO / Finance Director

HAN Huihua

Industry

Property

Website

vanke.com

Headquarters address

Shenzhen, Guangdong, China

Stock Code

SEHK:2202
SZSE:000002

Year founded

1984

A view of Kowloon from the sky100 Hong Kong Observation Deck on February 27. Photo: Sam Tsang

Hong Kong property

Hong Kong property demand sees some improvement after stamp duty cuts

The market’s long-term recovery depends on interest rate trends, as homebuyers remain cautious amid the US-China trade war, experts say.

23 Mar 2025 - 11:30AM

Hong Kong property

China Vanke’s Hong Kong unit sees strong flat sales despite mortgage concerns

15 Mar 2025 - 8:50PM

Hong Kong property

Some Hong Kong banks refuse home loans for Vanke’s Le Mont project in Tai Po

12 Mar 2025 - 11:39AM

China property

The View | Why investors are taking a second look at Chinese real estate

While the overall market has yet to bottom out and policies are needed to boost confidence, secondary market resilience offers some hope.

4 Mar 2025 - 10:41AM

A woman walks past a housing complex under construction in Tianjin, on June 5, 2024. Photo: AFP

China property

China property crisis: Hong Kong court orders Evergrande, HNA units to liquidate

Tianji Holding and HNA Group (International) have become the latest casualties in the mainland’s distressed property sector.

17 Feb 2025 - 6:18PM

China property

China Vanke secures US$383 million lifeline from top shareholder

The developer is transferring an 18 per cent stake in its property management unit Onewo as collateral.

11 Feb 2025 - 4:53PM

China property

China Vanke’s reshuffle signals bailout for troubled developer, analysts say

Support for Vanke could see banks extend loans, reduce discounts on asset sales and boost homebuyers’ confidence, CGS’ Raymond Cheng says.

28 Jan 2025 - 4:20PMvideocam

China Vanke was once the mainland’s second-largest developer by sales. Photo: Reuters

China property

Vanke gets new chairman from its No. 1 shareholder to spur growth

New chairman’s state-linked background sends positive signals, but company’s fate still depends on a sales recovery, an analyst says.

27 Jan 2025 - 11:22PM

China property

Embattled Chinese developer Vanke suffers Fitch Ratings bond downgrade

S&P Global also downgrades indebted builder’s bonds two notches on concerns about the company’s liquidity.

21 Jan 2025 - 6:30PM

China property

China developer Vanke’s fate in question as shares and bonds drop amid rumours

A government takeover could be seen as a positive development in the market, according to an analyst.

17 Jan 2025 - 5:55PM

A picture taken on May 9, 2024, shows residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China’s Zhejiang province. Photo: AFP

China property

China state-backed developers offload land acquired during market peak

Analysts believe more firms will follow suit in an effort to ease their liquidity crises.

9 Jan 2025 - 5:00PM

Vanke residential buildings under construction in Hangzhou, China. Photo: AFP

China property

China property: a tale of rising sales and falling prices in top cities

Too early to conclude China’s real estate sector has bottomed out, Nomura’s chief China economist Lu Ting says.

11 Dec 2024 - 4:30PM

China property

China property market faces long recovery road despite debt-plan progress

Sino Ocean and Shimao debt plans inch ahead in ‘positive signal’, but true recovery is still far off given structural issues, analysts say.

1 Dec 2024 - 11:00AM

China property

China’s embattled property developers see sales surge in October

A release of pent-up demand driven by rate cuts has given developers a much-needed sales boost.

9 Nov 2024 - 6:00PM

Residential buildings under construction by Chinese real estate developer Vanke in Hangzhou. Photo: AFP

China property

Major Chinese developers see sales uptick in September bolstered by stimulus

Analysts question sustainability of gains given uncertainty surrounding the government’s plans for future stimulus.

16 Oct 2024 - 9:09AM

People passed a Country Garden development in Foshan, China. Photo: Bloomberg

China property

Struggling Country Garden again seeks to extend bond repayments

The Foshan-based developer said that it plans to postpone for six months the coupon and principal instalment payments on nine notes due this month.

5 Sep 2024 - 2:42PMvideocam

China property

China Vanke reports first interim loss in two decades as home sales plunge

The loss came in 9.4 per cent higher than the top of a range the company defined in a warning last month as home sales plunged nearly 38 per cent.

30 Aug 2024 - 9:00PM

China property

China Resources Land posts lowest first-half profit since 2018 amid slump

China’s property sector has been beset by woes since 2020, when Beijing introduced the “three red lines” policy to restrict developers’ borrowing binge.

28 Aug 2024 - 5:43PMvideocam

CR Land, the 5th-ranked Chinese developer by sales, reported xx billion yuan of home sales for the first half. Photo: Shutterstock

China property

Debt-laden Kaisa warns of wider losses, echoing China’s property crisis

The developer’s weak report card is likely to resemble those of most mainland Chinese developers, which are expected to extend a losing streak dating to 2020.

22 Aug 2024 - 3:40PMvideocam

China Evergrande Group

Evergrande shares to stay suspended as liquidators see no path to restructuring

Without a substantial new investment, the collapsed developer will not be able to resume trading amid its massive debt and other challenges.

10 Aug 2024 - 6:29PMvideocam

China property

Poly Property’s sales slump as Beijing’s rescue package brings mixed results

The Chinese state-backed developer saw sales fall by almost a fifth in May, adding to a mixed picture of the impact of Beijing’s historic measures to rescue its crisis-hit real estate segment.

6 Jun 2024 - 9:47PMvideocam

Local residents look at a model of a Poly project at a showroom in Sanya, Hainan Province. Photo: VCG via Getty Images

China property

Country Garden’s home sales jump as Beijing’s rescue package boosts developers

Country Garden sold more properties in May, becoming the second major Chinese developer to see turnover improve after Beijing launched a historic rescue package to shore up its battered real estate segment.

5 Jun 2024 - 9:35PMvideocam

The Foshan-based company that was once China’s top home builder by sales shifted 4.29 billion yuan (US$592 million) worth of properties last month, an 11.4 per cent monthly increase. Photo: Bloomberg

China property

China Vanke says property sales rose in May, resumes project investments

Debt-laden property developer China Vanke’s contracted sales rose in May in a sign the country’s crisis-hit sector could be recovering.

4 Jun 2024 - 5:44PM

China property

Debt-laden China Vanke sells plot of land once earmarked for HQ at huge loss

China Vanke has sold a plot of land once earmarked for its new headquarters in Shenzhen for 2.24 billion yuan (US$309 million), almost 30 per cent less than it paid in 2017, as the beleaguered property developer strives to pay down its mountain of debt.

28 May 2024 - 1:19PMvideocam

China property

China Vanke gets US$1.1 billion in loans from subsidiaries after downgrade

Troubled property developer receives lifeline a day after Fitch Ratings downgraded its default ratings.

24 May 2024 - 12:39PMvideocam

Residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China’s Zhejiang province, pictured on May 9, 2024. Photo: AFP

China property

China’s buying of unsold homes lifts sentiment but is no cure-all: analysts

Developer stocks rose on Thursday after authorities in Hangzhou announced plans to buy unsold homes, but analysts question whether such aid is the best way to rescue the market.

16 May 2024 - 5:15PMvideocam

Residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China’s Zhejiang province, on May 9, 2024. Photo: AFP

Banking & finance

Chinese builders Poly, Longfor, CIFI post mixed 2023 results amid buyer caution

Company leaders pledge to marshal resources carefully in 2024 as they strike a cautious tone about any potential recovery.

30 Apr 2024 - 4:37PM

China property

China Vanke seeks to sell stake in Singapore’s GLP in bid to ease debt burden

Vanke has held discussions with parties including state-owned investment company Guangdong Holdings and a Tianjin-based state-owned firm to exit its investment, said people familiar with the matter.

17 Apr 2024 - 7:32PMvideocam

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