17.390.37 (2.17%)
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Prev Close17.02
Bid0.00 x
Ask0.00 x
52wk Range16.74 - 21.99
Day's Range17.13 - 17.59
Avg Vol (3m)265,313,851
As of 3:00 AM EDT. Market closed.
  • The Wall Street Journal2 days ago

    [$$] How China Vanke Chief’s State Savior Could Be His Undoing

    When China Vanke went looking for a strategic shareholder to stave off takeover bids, chairman Wang Shi chose a government-owned company as a protector. Now that decision is haunting him.

  • Reuters4 days ago

    Vanke seals deal with Blackstone, chips in $583 mln

    Developer China Vanke Co Ltd said on Thursday it and its partners have sealed a $1.9 billion deal with Blackstone Group LP and third parties, with itself putting in 3.89 billion yuan ($583.02 million) to buy their property firms. The deal was first made public last Tuesday, when Vanke disclosed it was in talks after its second-biggest shareholder, China Resources, criticized the Vanke board's approval of a white knight deal with Shenzhen Metro as being invalid because one Vanke director had abstained from voting. In a filing to the stock exchange, Vanke, China's largest property developer, said it and its partners would acquire a 96.55 percent interest in property firms held by Blackstone and third parties.