UK Markets close in 4 hrs 56 mins

China Vanke Co., Ltd. (CHVKY)

Other OTC - Other OTC Delayed price. Currency in USD
Add to watchlist
0.3680-0.0484 (-11.62%)
At close: 09:30AM EDT
Full screen
Trade prices are not sourced from all markets
Previous close0.4164
Open0.3680
BidN/A x N/A
AskN/A x N/A
Day's range0.3680 - 0.3680
52-week range0.3497 - 0.9573
Volume1,000
Avg. volume226
Market cap14.512B
Beta (5Y monthly)0.77
PE ratio (TTM)3.35
EPS (TTM)0.1100
Earnings dateN/A
Forward dividend & yield0.05 (12.78%)
Ex-dividend date21 Jul 2023
1y target estN/A
  • Reuters

    Analysis-Chinese developer Vanke's credit pursuit clouded by clamour for collateral

    A rare Beijing directive to help Vanke beat a liquidity crisis has left lenders scrabbling for the assets that the state-backed developer has proposed for collateral, as parties pull out all the stops to arrest deterioration in the property sector. China Vanke is gasping for funding after sales in both January and February fell below the monthly break-even point of 20 billion yuan ($2.8 billion), meaning cash flowed out of the business, an internal memo showed. China's property sector has been in the throes of a crisis since mid-2021.

  • Bloomberg

    Vanke’s Sales Drop Most Since 2018 Amid Mounting Liquidity Fears

    (Bloomberg) -- China Vanke Co. posted its biggest sales decline in six years, adding to the woes of the Chinese property developer that’s trying to stave off its first-ever debt default. Most Read from BloombergA $2 Billion Airport Will Test Modi’s Mission, Adani’s AmbitionsApple Buys Canadian AI Startup as It Races to Add FeaturesBitcoin Extends Retreat From Record as ‘Bubble’ Talk EscalatesMillennium Trader Scored $40 Million Windfall in Egypt FX PlungeSpaceX Starship Nears Orbit, But Is Lost

  • Bloomberg

    China Vanke’s Dollar Bonds Signal Fears of Default Down the Road

    (Bloomberg) -- Cash-strapped Chinese developer China Vanke Co. has been fighting to avoid its first-ever default, and while investors’ fears of an imminent meltdown appear to be easing, its long-term prospects are less clear.Most Read from BloombergPutin Says Ukraine Deal Requires Security Pledges for RussiaUS House Passes Bill That Would Force TikTok Sale or Ban ItUkraine Hits Third Russian Refinery in Escalating Drone StrikesEx-Wall Street Banker Takes On AOC in New York Democratic PrimaryPhys