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CHINA VANKE Leaps ~5% as Shenzhen Reportedly Planning RMB80B Rescue Package
CHINA VANKE (02202.HK) opened 0.52% higher today and once peaked at HKD4.14. It last traded at HKD4.02, up 4.96%, with a volume of 48.8666 million shares, involving HKD198 million....
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CHINA VANKE Leaps ~5% as Shenzhen Reportedly Planning RMB80B Rescue Package
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CHINA VANKE (02202.HK)  -0.100 (-3.356%)    Short selling $4.87M; Ratio 40.152%   opened 0.52% higher today and once peaked at HKD4.14. It last traded at HKD4.02, up 4.96%, with a volume of 48.8666 million shares, involving HKD198 million.

The Shenzhen government is currently planning a rescue package worth around RMB80 billion for CHINA VANKE, according to a report from Octus cited by UBS in its research report. The package is said to include an RMB20 billion stock placement as a bid to prevent a default.

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If confirmed, this package would be a positive surprise, and the funding amount should be sufficient to cover all of CHINA VANKE's outstanding public market bonds, which UBS estimated to be around RMB26.9 billion.

UBS' report also highlighted that China's policy support measures have intensified following the publication of the Qiushi article on January 1, 2026, such as the People's Bank of China/ Ministry of Finance's policy support and Shanghai's inventory acquisition in the second-hand housing market.

This will have a more positive spillover effect on LONGFOR GROUP (00960.HK)  -0.290 (-3.666%)    Short selling $58.85M; Ratio 115.509%   and SEAZEN (01030.HK)  -0.010 (-0.481%)    Short selling $4.76M; Ratio 84.767%   , as these two developers still rely on commercial property operating loans to repay their maturing bonds, which depend on banks' attitudes towards the industry.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

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