Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
China Vanke Co ( (HK:2202) ) has issued an announcement.
China Vanke has announced arrangements to ensure the orderly interest payment and redemption of its 2022 fifth tranche medium-term notes, identified as 22 Vanke MTN005, during the grace period. The RMB 3.7 billion, three-year notes, which began accruing interest on 28 December 2022, remain fully outstanding, and the company’s clarification of repayment arrangements signals continued attention to managing its bond obligations and providing transparency to debt investors amid heightened scrutiny of Chinese developers’ funding and liquidity.
The most recent analyst rating on (HK:2202) stock is a Sell with a HK$3.50 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 Chinese real estate developer, primarily engaged in residential and commercial property development and related businesses, with its shares listed in Hong Kong and overseen by a board comprising executive, non-executive and independent non-executive directors.
Average Trading Volume: 54,771,558
Technical Sentiment Signal: Sell
Current Market Cap: HK$60.54B
See more data about 2202 stock on TipRanks’ Stock Analysis page.