The proposal involves regulators allocating 20 billion yuan in special local government bonds to buy unsold properties and vacant land from Vanke, the report on Wednesday said, citing people familiar ...
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China Vanke sells land once earmarked for new HQ at a huge loss as embattled developer fights to reduce debt mountainShenzhen Metro is the operator of the city's ... while Country Garden and Shimao were forced to restructure their debts. Vanke had 1.1 trillion yuan of total liabilities as of March 31, according ...
HONG KONG/SHENZHEN – At the Shenzhen Civic Centre, dazzling patterns formed on towering skyscrapers, lit by more than a million LED light panels that bathed the city’s skyline in brilliant ...
BEIJING, Feb 6 (Reuters) - The government in the Chinese city of Shenzhen has made 10 new management appointments at China Vanke (000002.SZ), opens new tab, according to an internal document seen ...
A cross-border battle is under way between retailers looking to attract Hongkongers, as mainland Chinese operators offer free coaches to Shenzhen in the run-up to Lunar New Year, while shopping ...
Isn’t it frustrating when a visiting pundit saunters into your city, passes instant judgment on it and declares that it’s slipping? I say this as someone who, during my years in Hong Kong ...
(Bloomberg) -- Defaulted developer Shimao Group Holdings Ltd. on Thursday will seek a Hong Kong court’s approval to hold a creditor meeting for a vote on its $11.5 billion restructuring plan ...
A Shimao Group Holdings Ltd. lender is in talks with private credit investors in hopes of offloading a $1.3 billion loan due this year tied to a luxury apartment complex that’s key to a ...
Two types of cooking vessels, the "double-handled cauldron (鬲 pronounced as li)" and the "narrow-mouthed steamer (甗 pronounced as yan)," typify the pottery at the Shimao site. The li cauldron ...
China Vanke, another cash-strapped developer backed by the Shenzhen government, saw its CEO detained by the police last Thursday, according to state media reports. The developer faces US$4.9 ...
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