[ad_1] Real estate giant China Vanke is selling its stake in luxury hotel chain Banyan Tree Holdings’ China units, a deal that will generate 480 million yuan (US$67 million) for…
Tag: Vanke
China developer Vanke near ‘junk’ status after Moody’s downgrade
[ad_1] HONG KONG — Moody’s Investors Service on Friday cut real estate group China Vanke’s issuer rating by two steps, saying the company faces continued uncertainty despite a show of support from…
China developer Vanke sees pressure on profit amid market downturn
[ad_1] [1/2]A Vanke sign is seen above workers working at the construction site of a residential building in Dalian, Liaoning province, China September 16, 2019. REUTERS/Stringer/File Photo Acquire Licensing Rights…