China Vanke

New Business

Tepid sales at Hong Kong’s Uni Residence as competition heats up in new home market

Competition is intensifying in Hong Kong’s new residential property market as improved sentiment and declining mortgage rates have prompted developers…

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New Business

Hong Kong home builders bring new flats to market, seizing on sentiment surge

Hong Kong developers are hastening sales of new residential units at attractive prices amid improving market sentiment and a sharp…

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New Business

Debt-laden China Vanke gets US$215 million loan from state-owned stakeholder

Indebted property developer China Vanke has secured a 1.55 billion yuan (US$215.4 million) loan from state-owned Shenzhen Metro Group, offering…

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New Business

AIA, Xiaomi lift Hang Seng Index, offsetting losses due to poor China PMI data

Hong Kong stocks climbed on Wednesday as positive news from some index heavyweights, including AIA and Xiaomi, offset concerns about…

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New Business

Hong Kong mortgage loans surge to 9-month high as new homebuyers seek more financing

Approved mortgage loans in Hong Kong rose to a nine-month high in February as buyers of new flats sought additional…

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New Business

No respite in sight for top Chinese developers as profits continue to slump

Major Chinese developers like China Overseas Land & Investment and Country Garden Holdings continue to report disappointing earnings, as the…

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New Business

China Vanke’s Hong Kong unit sees strong sales in Tai Po project despite mortgage concerns

China Vanke sold nearly all of the more than 200 units on offer at its Le Mont project on the…

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New Business

Some Hong Kong banks refuse mortgages for China Vanke’s Le Mont project in Tai Po

Standard Chartered, one of the city’s three currency-issuing banks, and Chong Hing Bank were not accepting mortgage requests from potential…

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New Business

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

A key offshore financing unit of China Evergrande Group was ordered to wind up on Monday, while a court hearing…

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New Business

Mainland developer Greentown to issue US$350 million bond to refinance debt

State-backed developer Greentown China said it would issue a US$350 million bond to help refinance its existing borrowings, the first…

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