Asian equities were largely lower despite a weaker U.S. dollar overnight, as Japan outperformed and India underperformed.
Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating ...
Reuters on MSN16d
China Vanke Gets $383 Million Loan From State ShareholderHONG KONG (Reuters) - Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 million) loan, in a sign the government is stepping up ...
Shenzhen Metro Group Co., which holds a 27% stake in Vanke, signed a three-year secured loan agreement with the firm on Monday, according to a filing to the Hong Kong stock exchange. Under the deal, ...
signed a three-year agreement with Vanke to provide secured loans of up to 2.8 billion yuan (US$383 million), according to a filing to the Hong Kong stock exchange late on Monday. Vanke will ...
Shenzhen Metro Group is the Chinese property giant's largest shareholder with the move coming after Vanke said it could make ...
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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