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The latest update is out from China Vanke Co ( (HK:2202) ).
China Vanke Co., Ltd. held its twenty-second board meeting, where several key resolutions were approved. The board decided not to distribute dividends for the first half of 2025, approved the appropriation and write-off of impairment provisions amounting to RMB5,419.5367 million, and made amendments to corporate governance systems to enhance operations. These decisions reflect the company’s strategic focus on strengthening its financial position and governance structure, potentially impacting its stakeholders by prioritizing long-term stability over short-term returns.
The most recent analyst rating on (HK:2202) stock is a Sell with a HK$3.30 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 player in the real estate industry in China, focusing on property development and management. The company is known for its extensive portfolio of residential and commercial properties, catering to a wide range of market needs across China.
Average Trading Volume: 29,203,989
Technical Sentiment Signal: Sell
Current Market Cap: HK$80.48B
For a thorough assessment of 2202 stock, go to TipRanks’ Stock Analysis page.