Tag: Vanke

FINTS Morning Brief (8 September 2016)

China vows to form a closer community of shared future with Southeast Asian nations, said Premier Li Keqiang at the 19th summit between China and ASEAN: FINTS China’s mobile healthcare industry is caught in a…


FINTS MORNING BRIEF (22 August 2016)

Hong Kong bourse readies launch of a new circuit breaker today to control excess volatility in the market: FINTS The inclusions of mainland-traded A shares into international indices are a matter of time, said CEO…


FINTS MORNING BRIEF (17 August 2016)

Only Mainland institutional investors and those individual investors who hold an aggregate balance of not less than 500,000 yuan in their securities and cash accounts will be accepted to trade SEHK Securities through Shenzhen –…


Langfang Development’s controlling shareholder fights against Evergrande’s invasion

Langfang Development Co Ltd. said in a statement on August 9 that given Evergrande has not replied regulators’ letter of inquiries, its trading will be suspended from August 10, pending the Hong Kong-listed property developer’s…


FINTS MORNING BRIEF (10 August 2016)

China will accelerate the pace to cut the country’s excessive steel capacity in order to fulfill its annual target: National Development and Reform Commission Suzhou may become the first second-tier city to restart restrictions on…


China Evergrande’s acquisition in Vanke alters significant shareholder landscape

As of market close on August 4, China Evergrande Group acquired a total 4.68% in Vanke for 9.11 billion yuan, making it the fifth largest shareholder in the latter and jacking up Vanke’s share prices…


China Evergrande buys 4.68% stake in Vanke

Hong Kong listed real estate developer China Evergrande Group said in a statement that as of August 4, it had bought up to 4.68% of Vanke, another prominent Hong Kong listed Chinese developer mired in…


VANKE SEALS DEAL TO ACQUIRE 96.55% OF BLACKSTONE GROUP’S PROPERTY ASSETS

Chinese real estate giant Vanke announced on July 21 that along with other partners, it has closed a $1.9 billion deal with Blackstone Group, with itself putting down $583 million to acquire the latter’s property…


FINTS MORNING BRIEF (22 JULY 2016)

The State Council calls for deepening reform for science and technology industry of national defense through introducing social capital and facilitating the military to civilian conversion Brazil slaps a five-year anti-dumping tax on Chinese steel…


THREE CHINESE REAL ESTATE COMPANIES LAND ON FORTUNE GLOBAL 500 LIST FOR FIRST TIME

China’s Vanke, Wanda and Evergrande made their debut on the Fortune Global 500 list thanks to the revival of China’s property market since last year. The ranking of the List of Fortune 500 Companies are…


VANKE DIRECTOR SUGGESTS CHINA RESOURCES AND BAONENG ACT IN CONCERT

Baoneng Group pledged shares of subsidiary Shenzhen Jushenghua to China Resources last July, the month that Jushenghua and another Baoneng unit began to buy in Vanke’s stock through the secondary stock market, said Hua Sheng,…


FINTS MORNING BRIEF (14 JULY 2016)

The China Securities Regulatory Commission is slated to launch spot checks on IPO application documents submitted by over ten brokerages: the 21st Century Business Herald The recent heavy rainfall seen in central and southern China…


FINTS MORNING BRIEF (13 JULY 2016)

Bank of Communications’ financial research center predicts that the central bank is likely to lower reserve ratio in the next half year and forecasts that the GDP growth rates for the 2nd, 3rd and 4th…


FINTS MORNING BRIEF (11 JULY 2016)

Essence Fund sets up a 1.5-billion-yuan fund to buy Vanke’s mainland-traded shares (A shares) though secondary stock market The National Development and Reform Commission calls for measures to keep prices of farm products stable during…


BAONENG POSITIONS ITSELF AS VANKE’S LONG-TERM INVESTOR

In its filing to the Shenzhen bourse, Baoneng acknowledges the long-term investment value of Vanke’s stocks and expects to become Vanke’s long-term strategic financial investor aimed at reaping a profitable return. It also pays tribute…