---
title: "中國萬科在長期的房地產低迷中繼續遭受嚴重損失"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/284693608.md"
description: "中國萬科在第一季度報告淨虧損 59.5 億元（8.701 億美元），較去年下降 5%，這主要是由於房地產行業的持續低迷。收入下降 24%，至 289.3 億元，主要是由於其開發業務下降 36%。自 2021 年以來，公司面臨流動性危機，但避免了債務違約，並得到了其國有股東深圳地鐵集團的支持。萬科的股票在週四早盤交易中下跌了 2.0%"
datetime: "2026-04-30T04:32:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284693608.md)
  - [en](https://longbridge.com/en/news/284693608.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284693608.md)
---

# 中國萬科在長期的房地產低迷中繼續遭受嚴重損失

By Sherry Qin

China Vanke continued to suffer heavy losses in the first quarter as the Chinese property developer continued to grapple with the years-long downturn in the real estate sector,

The Shenzhen-based developer's net loss narrowed by 5% compared with the same period a year earlier to 5.95 billion yuan, equivalent to $870.1 million, the company said on late Wednesday. First quarter revenue declined 24% on year to 28.93 billion yuan,

Vanke said the result was mainly due to losses in its development business, with segment's first-quarter revenue tumbling 36% to 14.57 billion yuan.

Large Chinese property developers have been hit hard by a liquidity crisis since 2021, when the housing market entered a prolonged downturn. Vanke is among the few developers that have yet to default on its debs.

Vanke has received multiple liquidity injections from its state-owned shareholder Shenzhen Metro Group. In late January, it received bondholders' approval to push back repayment on debt and obtained a fresh loan from Shenzhen Metro, giving it more breathing room to avoid a default.

Vanke's Hong Kong-listed shares were 2.0% lower in early trade Thursday.

Write to Sherry Qin at sherry.qin@wsj.com

(END) Dow Jones Newswires

April 30, 2026 00:19 ET (04:19 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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