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China Vanke Co., Ltd. (2202.HK)
| Previous close | 4.630 |
| Open | 4.590 |
| Bid | 5.120 x 0 |
| Ask | 5.130 x 0 |
| Day's range | 4.560 - 5.310 |
| 52-week range | 3.630 - 12.540 |
| Volume | |
| Avg. volume | 56,789,180 |
| Market cap | 97.562B |
| Beta (5Y monthly) | 0.76 |
| PE ratio (TTM) | 4.62 |
| EPS (TTM) | 1.110 |
| Earnings date | 29 Apr 2024 |
| Forward dividend & yield | 0.74 (15.95%) |
| Ex-dividend date | 14 Jul 2023 |
| 1y target est | 7.34 |
ReutersChina Vanke's first public commercial REIT close flat on debut
SHANGHAI (Reuters) -China Vanke's first public commercial real estate investment products closed flat on their debut on Tuesday, reflecting caution towards China's second-largest developer amid a prolonged property market downturn. The CICC-SCPG Consumption Infrastructure real estate investment trust (REIT) listed in Shenzhen fell as much as 3% in early trade before reversing losses by market close. It is backed by shopping centres owned by SCPG Holdings, the commercial property platform of Vanke.
ReutersChina Vanke seeks to offload stake in logistics operator GLP, Bloomberg reports
Vanke has held discussions with parties including state-owned investment company Guangdong Holdings Ltd and a Tianjin-based state-owned firm to exit its investment, the report said, citing people familiar with the matter. Vanke, China's second largest property developer by sales which bought a 21.4% stake in GLP for about S$3.4 billion ($2.49 billion) in 2018, declined to comment on the report.
- Reuters SG
UPDATE 1-China Vanke seeks to offload stake in logistics operator GLP, Bloomberg reports
China Vanke is seeking to sell its entire stake in logistics firm GLP, Bloomberg News reported on Wednesday, as the cash-strapped state-backed property developer looks to raise liquidity. Vanke has held discussions with parties including state-owned investment company Guangdong Holdings Ltd and a Tianjin-based state-owned firm to exit its investment, the report said, citing people familiar with the matter. Vanke, China's second largest property developer by sales which bought a 21.4% stake in GLP for about S$3.4 billion ($2.49 billion) in 2018, declined to comment on the report.
