Baoneng
Chinese Regulators Have Harsh Words for Companies Going Against Market Regulations
| Steve M.C. | | Dec 06, 2016 01:44 AM EST |
Companies have been advised by China's securities regulators against leveraging their acquisition of items that might have been acquired using dubious methods. During a Saturday meeting of the Asset Management Association of China, Liu Shiyu, Chairman of China Securities Regulatory Commission, spoke out strongly against the act.
China Evergrande Raises Its China Vanke Stake
| Charissa Echavez | | Aug 17, 2016 08:52 AM EDT |
China Evergrande Group has bought additional shares of China Vanke Co Ltd. worth 5.46 billion yuan ($823 million), increasing its stake from 4.68 percent to 6.82 percent, the company announced in a filing with the Hong Kong stock exchange on Monday.
China Securities Regulator Lashes out at China Vanke Management and Major Shareholders, Asks Them to Resolve Their Differences
| Som Patidar | | Jul 23, 2016 04:02 PM EDT |
China's national market regulator - China Securities Regulatory Commission (CSRC) - has issued a stern warning to the management of China Vanke and its major stakeholders over the ongoing takeover dispute with Baoneng Group.
China Vanke Refuses Baoneng's Call for Shareholder's Meeting
| Charissa Echavez | | Jul 04, 2016 07:41 AM EDT |
Property developer China Vanke has refused to call an extraordinary shareholder meeting (EGM) as requested by its largest stakeholder Baoneng, the company announced on Sunday. Baoneng is seeking to oust the CEO and members of the board of China Vanke.
China Vanke Shareholders Seek to Oust Chairman, Executive Directors
| Charissa Echavez | | Jun 27, 2016 01:58 PM EDT |
Two major shareholders of real estate developer China Vanke Co. sought for an extraordinary shareholders meeting with the aim of ousting 10 of its directors including Chairman Wang Shi and President Yu Liang, the company said in a filing to the Hong Kong exchange.
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