TOPIC

/ company

China Vanke

Vanke is a real estate developer in China.

Chairman / President

Yu Liang

CEO / Managing Director

Zhu Jiusheng

CFO / Finance Director

HAN Huihua

Industry

Property

Website

vanke.com

Headquarters address

Shenzhen, Guangdong, China

Stock Code

SEHK:2202
SZSE:000002

Year founded

1984

Residential buildings by Chinese real estate developer Vanke under construction in Hangzhou, in eastern China’s Zhejiang province, on March 15, 2024. Photo: AFP

China property

Opinion | China’s property market isn’t so much collapsing as being reconfigured

Viewing China’s real estate crisis solely through the lens of market indicators misses the deeper, structural shifts at play.

21 Dec 2025 - 5:30AMvideocam

Hong Kong property

Vanke Hong Kong sells just 7 units in muted Le Mont weekend launch

20 Dec 2025 - 5:51PM

China property

China Vanke’s managers have no plans to sell shares as firm fights for survival

19 Dec 2025 - 7:15PMvideocam

China property

China Vanke unveils proposal to extend US$366 million bond after 3 failed bids

Bondholders will vote on the revised plan from Thursday to Monday, and it requires over 90 per cent of the total voting rights to take effect.

17 Dec 2025 - 10:50PMvideocam

In the first three quarters of this year, Vanke posted a net loss of 28.02 billion yuan. Photo: Reuters

China property

Vanke’s bondholders reject payment extension, raising default risk

The rejection in a three-day vote that ended late on Friday gives the developer a grace period of five business days to pay 2 billion yuan of onshore bond.

14 Dec 2025 - 5:00PM

China property

The View | Why China Vanke’s debt woes have barely made a ripple in markets

Robust exports, surging stocks and investors looking elsewhere have curbed pressure for more forceful government intervention.

1 Dec 2025 - 4:30PMvideocam

China property

China Vanke hit with fresh S&P downgrade amid mounting default concerns

Once a bellwether for China’s property sector, China Vanke now faces a CCC- rating, negative CreditWatch and a tight refinancing window.

28 Nov 2025 - 6:44PM

The downgrade reflected Vanke’s “unsustainable” financial commitments, according to S&P ratings agency. Photo: Shutterstock

China property

Developer China Vanke reports US$2.3 billion loss amid sales slowdown

Persistent property-market weakness ratchets up pressure on the developer despite increased support from its largest state-owned shareholder.

31 Oct 2025 - 9:47AM

China property

Embattled Chinese property developer replaces chairman as debt pressures mount

News of a leadership change boosts bonds of China Vanke, which had nearly US$90 billion in liabilities as of September.

13 Oct 2025 - 4:37PM

Qianhai

Exclusive | Kone to elevate Greater Bay Area operations from its base in Shenzhen

The southern China headquarters in Qianhai will begin operations in early 2026, while its logistics hub will be up and running in October.

29 Aug 2025 - 3:21PM

Kone supplied escalators for the South Island line in Hong Kong. Photo: Dickson Lee

China property

China’s home prices slide as support measures fail to budge sentiment

Drop in new home prices across 70 major cities matches the previous month, which was the sharpest decline since October.

15 Aug 2025 - 2:22PM

Residential buildings stand in the Haizhu distract of Guangzhou, in China’s southern Guangdong province, on October 11, 2024. Photo: Getty Images

China property

China’s June new-home prices fall 0.3% as weak sentiment ails market

A price gauge of newly completed homes in 70 major cities fell 0.3 per cent last month from May, faster than the 0.2 per cent decline the previous month.

15 Jul 2025 - 4:12PM

Hong Kong stock market

Hong Kong stocks surge 1.6% after China’s GDP growth exceeds expectations

The 5.2 per cent GDP growth in the April to June quarter came in above the 5.17 per cent forecast by data provider Wind.

15 Jul 2025 - 4:35PM

Hong Kong property

Tepid sales at Uni Residence as competition heats up in new home market

The project in Tai Wai sold just 60 per cent of flats on offer on the first day of sale, as rival developers compete for buyers’ interest.

31 May 2025 - 6:04PM

Potential buyers at the sales office of Uni Residence at AIA Kowloon Tower in Kwun Tong. Photo: Edmond So

Hong Kong property

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

50 units in New Territories launched at 8.5 per cent below market prices, while New World and partners ready Wong Chuk Hang sale.

19 May 2025 - 6:30PM

Construction under way at Uni Residence in Tai Wai, developed by Wing Tai Properties and China Vanke’s Hong Kong unit. Photo: Handout

China property

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

Loan comes as developer faces US$3.4 billion in debt obligations this year.

15 May 2025 - 4:27PM

China property

Vanke’s quarterly loss deepens to US$860 million despite state support

The loss stemmed mainly from declines in home settlements and gross margins, Vanke said.

30 Apr 2025 - 10:58AMvideocam

Hong Kong stock market

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

China’s April PMI falls to 49 from 50.5 in March and short of the consensus estimate of 49.7.

30 Apr 2025 - 5:07PM

Hong Kong shares fell on Wednesday after China reported poor manufacturing data for April. Photo: Jelly Tse

China property

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

China Overseas Land & Investment’s profit sank 40 per cent to 15.6 billion yuan, while Country Garden trimmed its loss to 32.8 billion yuan.

31 Mar 2025 - 8:38PMvideocam

Hong Kong property

Hong Kong property demand sees some improvement after stamp duty cuts

The market’s long-term recovery depends on interest rate trends, as homebuyers remain cautious amid the US-China trade war, experts say.

23 Mar 2025 - 11:30AM

Hong Kong property

China Vanke’s Hong Kong unit sees strong flat sales despite mortgage concerns

The embattled developer has sold 223 of the 228 flats on offer at its Le Mont residential project, according to agents.

15 Mar 2025 - 8:50PM

Potential buyers queue up for China Vanke’s Le Mont residential project in Tai Po at its sales office in Cheung Sha Wan on Saturday. Photo: Nora Tam

Hong Kong property

Some Hong Kong banks refuse home loans for Vanke’s Le Mont project in Tai Po

Vanke Hong Kong, a local unit of China Vanke, says some lenders, including Bank of Communications and OCBC Hong Kong, will offer mortgages.

12 Mar 2025 - 11:39AM

China Vanke’s Le Mont project is coming up at 19 Ma Wo Road in Tai Po. Photo: Handout

China property

The View | Why investors are taking a second look at Chinese real estate

While the overall market has yet to bottom out and policies are needed to boost confidence, secondary market resilience offers some hope.

4 Mar 2025 - 10:41AM

China property

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

Tianji Holding and HNA Group (International) have become the latest casualties in the mainland’s distressed property sector.

17 Feb 2025 - 6:18PM

China property

China Vanke secures US$383 million lifeline from top shareholder

The developer is transferring an 18 per cent stake in its property management unit Onewo as collateral.

11 Feb 2025 - 4:53PM

China Vanke has forecast a record loss of 45 billion yuan for 2024. Photo: Simon Song

China property

China Vanke’s reshuffle signals bailout for troubled developer, analysts say

Support for Vanke could see banks extend loans, reduce discounts on asset sales and boost homebuyers’ confidence, CGS’ Raymond Cheng says.

28 Jan 2025 - 4:20PMvideocam

China Vanke was once the mainland’s second-largest developer by sales. Photo: Reuters

China property

Vanke gets new chairman from its No. 1 shareholder to spur growth

New chairman’s state-linked background sends positive signals, but company’s fate still depends on a sales recovery, an analyst says.

27 Jan 2025 - 11:22PM

China property

Embattled Chinese developer Vanke suffers Fitch Ratings bond downgrade

S&P Global also downgrades indebted builder’s bonds two notches on concerns about the company’s liquidity.

21 Jan 2025 - 6:30PM

Help preserve 120 years of quality journalism.

SUPPORT NOW

China Vanke

.css-1m2rp1p{color:#34b8b5;}Opinion | China’s property market isn’t so much collapsing as being reconfigured

Viewing China’s real estate crisis solely through the lens of market indicators misses the deeper, structural shifts at play.

Vanke Hong Kong sells just 7 units in muted Le Mont weekend launch

China Vanke’s managers have no plans to sell shares as firm fights for survival

China Vanke unveils proposal to extend US$366 million bond after 3 failed bids

Bondholders will vote on the revised plan from Thursday to Monday, and it requires over 90 per cent of the total voting rights to take effect.

Vanke’s bondholders reject payment extension, raising default risk

The rejection in a three-day vote that ended late on Friday gives the developer a grace period of five business days to pay 2 billion yuan of onshore bond.

The View | Why China Vanke’s debt woes have barely made a ripple in markets

Robust exports, surging stocks and investors looking elsewhere have curbed pressure for more forceful government intervention.

China Vanke hit with fresh S&P downgrade amid mounting default concerns

Once a bellwether for China’s property sector, China Vanke now faces a CCC- rating, negative CreditWatch and a tight refinancing window.

Developer China Vanke reports US$2.3 billion loss amid sales slowdown

Persistent property-market weakness ratchets up pressure on the developer despite increased support from its largest state-owned shareholder.

Embattled Chinese property developer replaces chairman as debt pressures mount

News of a leadership change boosts bonds of China Vanke, which had nearly US$90 billion in liabilities as of September.

.css-sioo19{color:#c79a00;}Exclusive | Kone to elevate Greater Bay Area operations from its base in Shenzhen

The southern China headquarters in Qianhai will begin operations in early 2026, while its logistics hub will be up and running in October.

China’s home prices slide as support measures fail to budge sentiment

Drop in new home prices across 70 major cities matches the previous month, which was the sharpest decline since October.

China’s June new-home prices fall 0.3% as weak sentiment ails market

A price gauge of newly completed homes in 70 major cities fell 0.3 per cent last month from May, faster than the 0.2 per cent decline the previous month.

Hong Kong stocks surge 1.6% after China’s GDP growth exceeds expectations

The 5.2 per cent GDP growth in the April to June quarter came in above the 5.17 per cent forecast by data provider Wind.

Tepid sales at Uni Residence as competition heats up in new home market

The project in Tai Wai sold just 60 per cent of flats on offer on the first day of sale, as rival developers compete for buyers’ interest.

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

50 units in New Territories launched at 8.5 per cent below market prices, while New World and partners ready Wong Chuk Hang sale.

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

Loan comes as developer faces US$3.4 billion in debt obligations this year.

Vanke’s quarterly loss deepens to US$860 million despite state support

The loss stemmed mainly from declines in home settlements and gross margins, Vanke said.

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

China’s April PMI falls to 49 from 50.5 in March and short of the consensus estimate of 49.7.

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

China Overseas Land & Investment’s profit sank 40 per cent to 15.6 billion yuan, while Country Garden trimmed its loss to 32.8 billion yuan.

Hong Kong property demand sees some improvement after stamp duty cuts

The market’s long-term recovery depends on interest rate trends, as homebuyers remain cautious amid the US-China trade war, experts say.

China Vanke’s Hong Kong unit sees strong flat sales despite mortgage concerns

The embattled developer has sold 223 of the 228 flats on offer at its Le Mont residential project, according to agents.

Some Hong Kong banks refuse home loans for Vanke’s Le Mont project in Tai Po

Vanke Hong Kong, a local unit of China Vanke, says some lenders, including Bank of Communications and OCBC Hong Kong, will offer mortgages.

The View | Why investors are taking a second look at Chinese real estate

While the overall market has yet to bottom out and policies are needed to boost confidence, secondary market resilience offers some hope.

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

Tianji Holding and HNA Group (International) have become the latest casualties in the mainland’s distressed property sector.

China Vanke secures US$383 million lifeline from top shareholder

The developer is transferring an 18 per cent stake in its property management unit Onewo as collateral.

China Vanke’s reshuffle signals bailout for troubled developer, analysts say

Support for Vanke could see banks extend loans, reduce discounts on asset sales and boost homebuyers’ confidence, CGS’ Raymond Cheng says.

Vanke gets new chairman from its No. 1 shareholder to spur growth

New chairman’s state-linked background sends positive signals, but company’s fate still depends on a sales recovery, an analyst says.

Embattled Chinese developer Vanke suffers Fitch Ratings bond downgrade

S&P Global also downgrades indebted builder’s bonds two notches on concerns about the company’s liquidity.

Opinion | China’s property market isn’t so much collapsing as being reconfigured

Exclusive | Kone to elevate Greater Bay Area operations from its base in Shenzhen