Despite Presale and Margin Weakness, Government’s Interference Is Conducive to Vanke’s Liquidity
Vanke’s net debt/equity ratio has risen to over 60%, which stays above those of main state-owned peers in the sector. With additional equity raised and short-term loans repaid, the net gearing and ...
Can China’s Economy Wriggle Out of Danger? It’s Up to Xi and Trump.
As China enters the Year of the Snake, investors are hoping the economy and Chinese stock market can shed some of their ...
China’s property sector retreats into state hands
More than three years into China’s housing crisis, there is still no sign of its ending. Now, as private and locally-owned developers keep faltering, the sector is becoming more state-dominated. That ...