China Vanke Co., Ltd. (18V.F)
| Previous close | 0.4500 |
| Open | 0.4340 |
| Bid | 0.4280 x 240000 |
| Ask | 0.4580 x 240000 |
| Day's range | 0.4340 - 0.4540 |
| 52-week range | 0.4340 - 1.4300 |
| Volume | |
| Avg. volume | 894 |
| Market cap | 9.741B |
| Beta (5Y monthly) | 0.76 |
| PE ratio (TTM) | 3.49 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.09 (19.38%) |
| Ex-dividend date | 14 July 2023 |
| 1y target est | N/A |
- 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
- Bloomberg
Vanke Readies $18 Billion of Assets as Collateral for New Loans
(Bloomberg) -- China Vanke Co., the Chinese state-backed developer that’s become the latest flashpoint in the nation’s property crisis, is preparing an asset package totaling about 130 billion yuan ($18 billion) to use as collateral as it seeks new bank loans, people familiar with the matter said.Most Read from BloombergIsrael Versus Iran — What All-Out War Could Look LikeApple Faces Worst iPhone Slump Since Covid as Rivals RiseIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarSingapo
