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China Vanke Co., Ltd. (CHVKF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed Price. Currency in USD
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0.60000.0000 (0.00%)
At close: 04:00PM EDT
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Trade prices are not sourced from all markets
Previous Close0.6392
Bid0.5200 x 0
Ask0.5669 x 0
Day's Range0.6392 - 0.6392
52 Week Range0.5248 - 1.6200
Avg. Volume1,552
Market Cap10.411B
Beta (5Y Monthly)0.73
PE Ratio (TTM)5.00
EPS (TTM)0.1200
Earnings DateAug 29, 2024 - Sept 08, 2024
Forward Dividend & Yield0.09 (15.57%)
Ex-Dividend DateAug 25, 2023
1y Target EstN/A
  • Bloomberg

    Vanke Warns of $1.2 Billion Loss on China’s Housing Slump

    (Bloomberg) -- China Vanke Co. warned of hefty losses in the first half, as the country’s property downturn took a toll on the closely watched developer that’s trying to secure cash to pay off debts. Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerHurricane Beryl Makes a Mockery of Texas Climate DeniersNYC Penthouse Sells for $135 Million in Priciest Deal Since 2022Microsoft, Apple Drop OpenAI Boar


    Chinese Stocks Are in a Rut. How These Policy Meetings Could Change That.

    Shares gained ground through May, but have lost steam as investors look to authorities to do more to revive the economy, heal the property market, and boost confidence.

  • Reuters

    China's home de-stocking push to bring developers little cheer

    HONG KONG/BEIJING (Reuters) -China's efforts to clear massive inventory by turning unsold homes into affordable housing are unlikely to help cash-strapped developers due to the programme's limited size and potentially low prices, analysts and developers say. As part of a support package for the crisis-hit property sector, Beijing announced last month a plan for a 300 billion yuan ($41 billion) lending facility, which could result in 500 billion worth of bank financing for local state-owned enterprises (SOEs) to purchase completed and unsold homes. Chinese banks are expected to extend cheaper loans to SOEs via the facility, backed by the central bank, to help them buy the homes from developers at "reasonable prices" to turn into affordable housing.