China Vanke Adjusts Grace Period and Repayment Plan for 2022 Fourth-Tranche Medium-Term Notes
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China Vanke Co. has announced adjustments to the grace period and repayment plan for its 2022 fourth-tranche medium-term notes, totaling RMB 2 billion. This move aims to manage liquidity and maintain bond repayment stability amid China's property financing stress. The company's stock is rated 'Sell' with a HK$2.70 target. China Vanke is a major real estate developer in China, with a market cap of HK$60.63B and a YTD price performance of -31.76%.
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