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CHINA VANKE May Not Receive State Support: Wire
Recommend 2 Positive 3 Negative 8 |
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CHINA VANKE (02202.HK), which is seeking creditor support for a RMB2 billion domestic bond extension, appears to still be in trouble. Chinese regulators may be unwilling to intervene to rescue CHINA VANKE, and have begun to formulate measures to curb the situation, Bloomberg quoted sources as saying. It is reported that CICC was invited to assess CHINA VANKE's financial situation in 3Q25, and concluded that the Company is already insolvent. AASTOCKS Financial News Website: www.aastocks.com |
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