Edition:
United States

China Vanke Co Ltd (000002.SZ)

000002.SZ on Shenzhen Stock Exchange

19.50CNY
28 Apr 2017
Change (% chg)

¥-0.26 (-1.32%)
Prev Close
¥19.76
Open
¥19.38
Day's High
¥19.55
Day's Low
¥19.13
Volume
35,743,115
Avg. Vol
34,161,727
52-wk High
¥29.00
52-wk Low
¥16.74

Latest Key Developments (Source: Significant Developments)

China Vanke's Q1 net profit down 16.5 pct y/y
Thursday, 27 Apr 2017 06:17am EDT 

April 27 (Reuters) - China Vanke Co Ltd <000002.SZ>2202.HK:Says Q1 net profit down 16.5 percent y/y at 695.4 million yuan ($100.90 million).  Full Article

China Vanke to pay 7.9 yuan for every 10 shares as FY 2016 dividend
Monday, 27 Mar 2017 05:27am EDT 

China Vanke Co., Ltd.<000002.SZ>:Says the co proposed to pay a cash dividend of 7.9 yuan for every 10 shares as the dividend payment plan for FY 2016.  Full Article

China Vanke Co announces consolidation of commercial properties
Friday, 17 Mar 2017 07:51am EDT 

China Vanke Co Ltd <2202.HK> : Consolidation Of Commercial Properties . Resolution regarding consolidation arrangement of commercial properties of group submitted to board on 11 March 2017 was approved by all directors . Group proposes to form investment funds . Total capital contribution group is expected to contribute to investment funds amounts to rmb5.1 billion . Upon formation of investment funds, group proposes to enter into asset transfer framework agreement with SPV .Consideration of disposal of assets is expected to be in range of rmb8.60 billion to rmb9.0 billion.  Full Article

Evergrande entrusts voting rights in China Vanke to Shenzhen Metro
Thursday, 16 Mar 2017 08:57am EDT 

China Vanke Co Ltd <000002.SZ><2202.HK> : Says China Evergrande Group <3333.HK> and affiliates sign agreement to delegate shareholders' rights to Shenzhen Metro Group for one year . Says China Evergrande and its affiliates own 1.55 billion A-shares in the company, representing about 14.07 percent of share capital .Says Shenzhen Metro Group's shareholder rights will represent 29.38 percent of company stake after signing the agreement with China Evergrande Group.  Full Article

China Evergrande Group enters into strategic cooperation framework agreement
Thursday, 16 Mar 2017 06:51am EDT 

China Evergrande Group <3333.HK>: Entered into a strategic cooperation framework agreement with Shenzhen Metro Group Co., Ltd and Shenzhen Metro Group . Pursuant to which company has irrevocably entrusted voting rights of 1.55 billion shares in a share capital of China Vanke Co .Company has pledged such China Vanke shares to Citic Securities Co., Ltd. In connection with a financing arrangement.  Full Article

Shenzhen Metro not ruling out increasing holdings in China Vanke
Friday, 13 Jan 2017 07:45am EST 

China Vanke Co Ltd <000002.SZ><2202.HK> :Says Shenzhen Metro does not rule out the possibility to increase shareholdings in the company in next 12 mths.  Full Article

China Resources to sell its China Vanke stake to Shenzhen Metro
Thursday, 12 Jan 2017 06:41am EST 

China Vanke Co Ltd <000002.SZ><2202.HK> : Says China Resources to sell stake to Shenzhen Metro . Says China Resources and unit will sell entire 1.69 billion A-shares in the company to Shenzhen Metro . Says stake sale at 37.2 billion yuan ($5.40 billion), 22.0 yuan per share .Says share trade to resume on Jan 13.  Full Article

China Vanke terminates agreement to acquire Qianhai International
Sunday, 18 Dec 2016 05:19am EST 

China Vanke Co Ltd <000002.SZ>: Co and SZMC entered into termination agreement to terminate acquisition agreement for entire interest in qianhai international . Continues to hold a positive view on outlook of "railway+property" model .Expects termination of acquisition will not have any material adverse impacts on its short-term financial position.  Full Article

China Vanke reports November sales of RMB29.47 bln
Friday, 2 Dec 2016 06:45am EST 

China Vanke Co <2202.HK>: update regarding sales and newly added development project for the month ended 30 november 2016 .for month ended 30 november 2016, company achieved a sales area of 2,588,000 sq m, with a sales amount of rmb29.47 billion.  Full Article

China Vanke clarifies on reports regarding block trades involving shareholders of Co
Friday, 2 Dec 2016 06:39am EST 

China Vanke Co Ltd <2202.HK>: There were media speculations that seller(s) involved in block trades could be one or several shareholders of company . Noticed that there had been a number of speculations in media regarding seller(s) involved in block trades . On 29 nov 2016, shenzhen stock exchange website disclosed that there were 3 large volume transactions in a shares of china vanke made on that day . issued inquiry letters about whether any of them had participated in block trades in co's a shares on 29 nov 2016 to reduce their holding of a shares in co . "aforementioned shareholders had not participated in block trades in co's a shares on 29 nov to reduce their holding of a shares in co" .announcement regarding elaborations on media reports.  Full Article

More From Around the Web

China Vanke's Q1 net profit down 16.5 pct, sees growth for full year

HONG KONG, April 27 China Vanke Co , the nation's second biggest property developer, said on Thursday it expected a further rise in net profit this year, despite reporting a 16.5 percent drop in its first-quarter profit due to higher costs.