14th January 2025 – China 2nd largest property developer China Vanke (14/1/25: $10 billion market value) has committed to repay maturing bonds after C hina Vanke bond prices decreased on debt repayment ability, with $1.3 billion principal & interest payment due over the next 3 months. In March 2024, China Vanke announced to stop paying dividends and to reduce $13.8 billion of $45 billion interest-bearing debt over the next 2 years. In 2024 September, China Vanke has received $1.6 billion loan syndicated by China Ping An Bank & Bank of Communications. In 2024 August, China Vanke is expecting to report $981 million of losses for 2024 1st half in first semi-annual loss since being listed on Shenzhen Stock Exchange 31 years ago in 1993. In 2024 July, China Vanke was expected to report $960 million to $1.2 billion of losses for 2024 1st half.