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The latest update is out from China Vanke Co ( (HK:2202) ).
China Vanke Co., Ltd. has announced adjustments to the repayment arrangements for its 2022 fifth tranche medium-term notes (bond abbreviation: 22 Vanke MTN005, bond code: 102282785), originally issued in a total amount of RMB 3.7 billion with interest commencing on 28 December 2022. The company is extending the grace period and setting out measures to ensure the orderly payment of interest and principal on this note, a move that underscores its efforts to manage near-term liquidity and maintain stability in its onshore debt structure for bondholders and other stakeholders.
The most recent analyst rating on (HK:2202) stock is a Sell with a HK$2.70 price target. To see the full list of analyst forecasts on China Vanke Co stock, see the HK:2202 Stock Forecast page.
More about China Vanke Co
China Vanke Co., Ltd. is a major mainland Chinese property developer, primarily engaged in residential and commercial real estate development and related businesses. The company is listed in Hong Kong and issues onshore renminbi-denominated bonds to support its funding needs in the domestic capital market.
YTD Price Performance: -35.92%
Average Trading Volume: 50,793,890
Technical Sentiment Signal: Sell
Current Market Cap: HK$58.91B
For detailed information about 2202 stock, go to TipRanks’ Stock Analysis page.