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China Evergrande Raises Its China Vanke Stake

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 to grant Baoneng's call for EGM.

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 Resources opposes Baoneng's call to oust chairman and board executives of China Vanke.

China Vanke Saga: China Resources Opposes Baoneng Group's Motion to Oust Board

Charissa Echavez |

Jul 01, 2016 08:05 AM EDT

After China Vanke's largest shareholder Baoneng Group sought a board meeting to oust the real estate's chairman and 11 other executive directors, its second largest shareholder China Resources has made it clear that it does not support the move.

Two major shareholders of China Vanke are seeking to oust its chairman and 11 directors.

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.

Real Estate Companies Plans to Purchase Tianjin Homes Damaged by Explosions

Benjie Batanes |

Aug 26, 2015 12:28 PM EDT

A group of Tianjin real estate companies are said to be making plans to buy the damaged residential homes affected by the Tianjin port blast from their owners. The realtors will then sell them again after making the necessary repairs, according to a report on Tuesday.