China Vanke Co., Ltd. (18V.F)
| Previous close | 0.5350 |
| Open | 0.5850 |
| Bid | 0.5850 x 240000 |
| Ask | 0.6450 x 240000 |
| Day's range | 0.5850 - 0.5850 |
| 52-week range | 0.4340 - 1.4300 |
| Volume | |
| Avg. volume | 805 |
| Market cap | 11.538B |
| Beta (5Y monthly) | 0.76 |
| PE ratio (TTM) | 4.50 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.09 (16.30%) |
| Ex-dividend date | 14 July 2023 |
| 1y target est | N/A |
- Reuters
China Vanke's first public commercial REIT close flat on debut
SHANGHAI (Reuters) -China Vanke's first public commercial real estate investment products closed flat on their debut on Tuesday, reflecting caution towards China's second-largest developer amid a prolonged property market downturn. The CICC-SCPG Consumption Infrastructure real estate investment trust (REIT) listed in Shenzhen fell as much as 3% in early trade before reversing losses by market close. It is backed by shopping centres owned by SCPG Holdings, the commercial property platform of Vanke.
- Reuters
China Vanke seeks to offload stake in logistics operator GLP, Bloomberg reports
Vanke has held discussions with parties including state-owned investment company Guangdong Holdings Ltd and a Tianjin-based state-owned firm to exit its investment, the report said, citing people familiar with the matter. Vanke, China's second largest property developer by sales which bought a 21.4% stake in GLP for about S$3.4 billion ($2.49 billion) in 2018, declined to comment on the report.
- Bloomberg
China Vanke Seeks to Sell 21% Stake in Logistics Operator GLP
(Bloomberg) -- China Vanke Co. is seeking to sell its entire stake in logistics firm GLP Pte, according to people familiar with the matter, as the state-backed developer seeks to amass cash to stave off a debt crisis.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Tesla Asks Investors to Approve Musk’s $56 Billion Pay AgainPowell Signals R
