Vanke says it faces short term liquidity issues
#1

https://www.reuters.com/business/china-v...024-04-15/

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

This has very positive net assets but not enough money for data to day operations and to service its debts.

Vanke is at the edge of the crisis...the borderline of what can survive and what cannot.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#3

After this crisis the Chinese govt should turn the entire property sector into HDB style public housing.

Just look at the success in Singapore.

They can wesken the property tycoons who contribute nothing to quality of life...just look at HK.

The Chinese govt has a opportunity of a life time tk demonstrate socialism with Chinese characteristics with housing.

You look at the homeless situation in US ...it's a problem capitalism cannot solve.

Despite many attacks from China fanboys, I have nothing against China...I just report good and bad news as they come.

I'm the end China does not need to take Taiwan nor does it needs to fight of the US militarily. It just need to intelligent use its opportunities to show that it can have a society that is just and fair ...and provide a better quality of life for its people. Then it wins.

It should rule the country with pragmatism not ideology.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#4

It has been downgraded to Junk.

https://www.reuters.com/world/china/sp-s...024-04-10/
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#5

Aiya pdf always like to see others doing badly. Ownself how? Everyday yolampa at home can do very well meh?
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#6

Subprime rerun in China... You guys should know the drill by now. When the tides goes out, we can collect seashells slowly. Can also ride the outgoing wave if you are nimble enough..m
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#7

China should engage sgbutt as consultant.

Ignore List: Oyk
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#8

Vankd is still net asset positive. It is just not generating enough cash.

Bond market believes this year should be no issue but china property to  drag on 


Its shares climbed as much as 2.8% in Shenzhen on Monday, while its dollar notes due in June gain 0.5 US cent to 91.9 US cents even as others due in 2027 hovered around 38.6 US cents, near record lows. 
https://www.businesstimes.com.sg/propert...-new-loans

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#9

https://www.cnbc.com/2024/04/03/kkr-says...-done.html

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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