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China Vanke Co ( (HK:2202) ) has provided an announcement.
China Vanke’s board has approved a shareholder loan arrangement under which its largest shareholder, Shenzhen Metro Group, plans to provide up to RMB2.36 billion to the company on preferential terms. The three-year facility, priced at the one-year Loan Prime Rate minus 66 basis points and to be drawn before 31 January 2026, will be used specifically to repay principal and interest on bonds issued by China Vanke in the open market, easing near-term refinancing pressure. Independent non-executive directors stated that the loan is on fair, market-based terms and will not adversely affect the company’s financial position, while the structure qualifies as a connected transaction that is fully exempt from shareholder approval and additional disclosure requirements under Hong Kong listing rules, underscoring strong support from the state-backed cornerstone investor for Vanke’s liquidity and debt management.
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 PRC-based property developer listed in Hong Kong, operating as a joint stock company with limited liability and focusing on the development, sale and management of residential and related real estate projects across China.
Average Trading Volume: 54,771,558
Technical Sentiment Signal: Sell
Current Market Cap: HK$60.54B
Learn more about 2202 stock on TipRanks’ Stock Analysis page.