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China Vanke Co. Announces Repayment Arrangements for 2022 Medium-Term Notes

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China Vanke Co. Announces Repayment Arrangements for 2022 Medium-Term Notes

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China Vanke Co ( (HK:2202) ) has shared an announcement.

China Vanke Co., Ltd. announced the arrangement for the repayment of principal and interest during the grace period for its medium-term notes issued in 2022, specifically the fourth tranche. This announcement ensures the smooth progress of interest payment and redemption for these notes, reflecting the company’s commitment to maintaining its financial obligations and potentially impacting its credit standing positively.

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 joint stock company incorporated in the People’s Republic of China, primarily engaged in real estate development and property management. The company is listed on the Stock Exchange of Hong Kong and is a significant player in the Chinese real estate market.

YTD Price Performance: -30.43%

Average Trading Volume: 50,340,768

Technical Sentiment Signal: Sell

Current Market Cap: HK$61.98B

Learn more about 2202 stock on TipRanks’ Stock Analysis page.

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