China Vanke Co., Ltd. (000002.SZ)
| Previous close | 9.56 |
| Open | 9.29 |
| Bid | 8.99 x 0 |
| Ask | 9.00 x 0 |
| Day's range | 8.94 - 9.36 |
| 52-week range | 6.45 - 15.78 |
| Volume | |
| Avg. volume | 266,342,943 |
| Market cap | 99.955B |
| Beta (5Y monthly) | 0.76 |
| PE ratio (TTM) | 10.33 |
| EPS (TTM) | 0.87 |
| Earnings date | 29 Apr 2024 |
| Forward dividend & yield | 0.68 (7.56%) |
| Ex-dividend date | 25 Aug 2023 |
| 1y target est | 8.57 |
- South China Morning Post
China Vanke units guarantee US$1.1 billion in loans for troubled developer after Fitch Ratings downgrade
Troubled property developer China Vanke will receive a 7.8 billion yuan (US$1.1 billion) lifeline in the form of bank loans guaranteed by its subsidiaries, a day after the company had its credit rating cut. Shenzhen Yili Real Estate Development provided a guarantee for a 4.49 billion yuan loan, while Shenzhen Zhongke Wanxin Industrial offered a guarantee for a 3.29 billion yuan borrowing, Vanke said in a Friday stock exchange filing. The loan arrangement came after Fitch Ratings on Thursday down
BloombergBuilder Vanke Securitizes Some Private Debt to Delay Payments
(Bloomberg) -- China Vanke Co. repackaged some of its privately issued debt into asset-backed securities, a move that effectively allows the builder to push back already deferred payments, according to people familiar with the matter.Most Read from BloombergSingapore Air Changes Seatbelt Rules After Fatal TurbulenceSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationNvidia Stock Surges as Sales Forecast Delivers on AI HopesChina’s $538 Billion Deposit Exodus Supercharges Rally in BondsThe
BloombergLifelines Spur Frenzy of Bets on China Vanke’s Turnaround
(Bloomberg) -- Trading in shares of China Vanke Co. has surged to the highest level in four years as China’s housing rescue package and nearly $4 billion of funding secured by the property firm this month spur bets on its survival.Most Read from BloombergSingapore Air Changes Seatbelt Rules After Fatal TurbulenceSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting SuspensionsChina
