UPDATE 5-Vanke makes fresh bid to win support for bond payment as default risk looms
Published on: Dec. 15, 2025, 2:45 p.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, rekindling 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.
