ReferIndia News UPDATE 4-Vanke makes fresh bid to win support for bond payment as default risk looms

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UPDATE 4-Vanke makes fresh bid to win support for bond payment as default risk looms

Published on: Dec. 15, 2025, 11:06 a.m. | Source: Devdiscourse

China Vanke made a renewed effort to muster bondholder backing for an onshore debt repayment due this week and avoid a default after the state-backed developer's plan was rejected, renewing concerns about the nation's crisis-hit property sector. Vanke will hold a second meeting to determine the fate of a 2 billion yuan ($283.56 million) note payment, a filing to the National Association of Financial Market Institutional Investors showed on Monday.

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