2202.HK - China Vanke Co., Ltd.
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 11.020 |
| Open | 11.040 |
| Bid | 11.300 x 0 |
| Ask | 11.320 x 0 |
| Day's Range | 10.900 - 11.340 |
| 52 Week Range | 9.870 - 19.900 |
| Volume | |
| Avg. Volume | 15,583,372 |
| Market Cap | 187.924B |
| Beta (5Y Monthly) | 0.77 |
| PE Ratio (TTM) | 5.27 |
| EPS (TTM) | 2.150 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.14 (10.58%) |
| Ex-Dividend Date | Jul 14, 2022 |
| 1y Target Est | 16.49 |
Fair Value
Related Research
- Financial Times
China developers: the main quake is over but the aftershocks are not
A year ago the demolition of China’s property sector was well under way. Developers struggled to borrow, home buyers were on strike. This year, sagging financial foundations have been underpinned. The central bank has made about $29bn in loans.
ReutersThree of China's biggest banks to provide support for property developers
BEIJING (Reuters) -Three of China's biggest commercial banks have agreed to provide fundraising support to property developers, including industry giant Vanke, in a coordinated effort to support the country's embattled property sector. The property sector makes up about a quarter of China's economy. Bank of Communications Co Ltd (BoCom) said it agreed to provide a 100 billion yuan ($13.98 billion) line of credit to Vanke and a 20 billion yuan line of credit to Midea Real Estate Holding Ltd, two separate statements issued by the bank said on Wednesday.
- Reuters
In China's property crisis, global asset managers see opportunity in rental housing
Global investors Warburg Pincus and Greystar Real Estate Partners are pushing deeper into China's rental housing, as a growing number of distressed developers are looking to divest some of their assets to temper a stifling liquidity crunch. The two asset managers, whose focus is on top tier Chinese cities for rental business, are in talks with distressed developers to take over assets including offices and hotels to turn them into rental housing, their executives told Reuters.
- Reuters
UPDATE 3-China EV maker Leapmotor set to raise $800 mln in Hong Kong IPO - sources
Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48 ($6.12) each in its Hong Kong initial public offering (IPO), said two sources with direct knowledge of the matter. While that is less than the $1.03 billion the EV maker had said it was aiming to raise in its regulatory filings last week, the IPO would still be the city's largest this year.
- Reuters
CORRECTED-UPDATE 1-China new home prices unchanged in June, after dropping for two months
China's new home prices were unchanged in June after falling in the past two months, as strict COVID-19 curbs were eased and consumers took advantage of a slew of stimulus measures such as cuts in mortgage rates and smaller down payments. Average new home prices in 70 major cities were steady month-on-month, after a 0.1% drop in May and a 0.2% decline in April, according to Reuters calculations based on National Bureau of Statistics (NBS) data released on Friday. From a year earlier, new home prices in June fell 0.5%, the sharpest pace since September 2015, versus a 0.1% drop in May and a 0.7% rise in April.