China Vanke shares slide on renewed debt jitters

Published 26/11/2025, 08:00
© Reuters.

Investing.com-- Shares of China Vanke (HK:2202) slid in Hong Kong on Wednesday as tumbling bond values reignited investor jitters over the company’s debt and broader real-estate risks.

Several of Vanke’s yuan-denominated bonds plunged more than 20% in early trading -- triggering suspensions of five exchange-listed bonds -- amid renewed skepticism over whether the firm will secure sufficient support to meet looming debt obligations.

Hong Kong-listed shares of the company fell as much as 5.6% to HK$3.91 as of 06:55 GMT.

Weak housing demand and cash-flow strains continue to cast a shadow over the company’s recovery prospects.

The sell-off underscores broader concern that, even among state-backed developers, liquidity pressures and uncertain property-market fundamentals could dampen investor confidence unless more robust policy support materialises.

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