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Even China’s Property Stalwart Isn’t Immune From the CrisisXin Jie, chairman of state-owned Shenzhen Metro Group, Vanke’s largest shareholder, will replace Yu, effective Monday. Approximately one-third of Vanke’s shares are held by Shenzhen Metro ...
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China’s Property Sector Retreats Into State HandsIts chairman has resigned, replaced by the chairman of its largest shareholder, Shenzhen Metro. Representatives from the state-owned subway operator for the wealthy southern city of Shenzhen now ...
If a bail-out for Vanke is forthcoming, China’s leaders will have blinked. Although the rescue would be organised by local ...
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Shenzhen Metro Group Co., which holds a 27% stake in Vanke, plans to provide a three-year term loan facility to be guaranteed by up to 6 billion yuan-worth assets, according to a Friday filing to ...
Xin Jie, the chairman of its major state-owned shareholder Shenzhen Metro, will become Vanke's chairman, signalling increased state oversight on expectations that the government would step in to ...
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