Vanke Crisis

Vanke Crisis

CHONGQING, CHINA - MAY 12, 2024 - The Land and Sea International Center project, the "tallest building" in Chongqing developed by Vanke, is seen in Chongqing, China, May 12, 2024. Recently, Vanke as a borrower to the Postal Savings Bank of China Co., Ltd. Shenzhen Luohu District branch applied for bank loans, loans a total of 1.3 billion yuan, the term of 3 years. After the occurrence of this guarantee, Vanke's total foreign guarantee will be 29.882 billion yuan, accounting for 11.92% of the company's audited net assets attributable to shareholders of listed companies by the end of 2023.

  • Product Code
  • ILEA002682913
  • Registered date
  • 2024/5/12 00:00:00
  • Credit
  • CFOTO / Kyodo News Images
  • Media source
  • CFOTO
  • Media size
  • 6119 × 4079 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 4.78(MB)*
  • Special instruction
  • No Use China
    **The text may be generated by an automatic translation system**

*File size when opened in Photoshop, etc.

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    Vanke Crisis

    Vanke Crisis

    CHONGQING, CHINA - MAY 12, 2024 - The Land and Sea International Center project, the "tallest building" in Chongqing developed by Vanke, is seen in Chongqing, China, May 12, 2024. Recently, Vanke as a borrower to the Postal Savings Bank of China Co., Ltd. Shenzhen Luohu District branch applied for bank loans, loans a total of 1.3 billion yuan, the term of 3 years. After the occurrence of this guarantee, Vanke's total foreign guarantee will be 29.882 billion yuan, accounting for 11.92% of the company's audited net assets attributable to shareholders of listed companies by the end of 2023.
      Vanke Crisis

      Vanke Crisis

      CHONGQING, CHINA - MAY 12, 2024 - The Land and Sea International Center project, the "tallest building" in Chongqing developed by Vanke, is seen in Chongqing, China, May 12, 2024. Recently, Vanke as a borrower to the Postal Savings Bank of China Co., Ltd. Shenzhen Luohu District branch applied for bank loans, loans a total of 1.3 billion yuan, the term of 3 years. After the occurrence of this guarantee, Vanke's total foreign guarantee will be 29.882 billion yuan, accounting for 11.92% of the company's audited net assets attributable to shareholders of listed companies by the end of 2023.
        Vanke Crisis

        Vanke Crisis

        The Land and Sea International Center project, known as the ''tallest building'' in Chongqing and developed by Vanke, is being seen in Chongqing, China, on May 12, 2024. Vanke is currently applying as a borrower to the Postal Savings Bank of China Co., Ltd. Shenzhen Luohu District branch for bank loans totaling 1.3 billion yuan with a term of 3 years. With this guarantee, Vanke's total external guarantee is reaching 29.882 billion yuan, which represents 11.92% of the company's audited net assets attributable to shareholders of listed companies as of the end of 2023. (Photo by Costfoto/NurPhoto)
          Vanke Crisis

          Vanke Crisis

          The Land and Sea International Center project, known as the ''tallest building'' in Chongqing and developed by Vanke, is being seen in Chongqing, China, on May 12, 2024. Vanke is currently applying as a borrower to the Postal Savings Bank of China Co., Ltd. Shenzhen Luohu District branch for bank loans totaling 1.3 billion yuan with a term of 3 years. With this guarantee, Vanke's total external guarantee is reaching 29.882 billion yuan, which represents 11.92% of the company's audited net assets attributable to shareholders of listed companies as of the end of 2023. (Photo by Costfoto/NurPhoto)
            Vanke Crisis

            Vanke Crisis

            The Land and Sea International Center project, known as the ''tallest building'' in Chongqing and developed by Vanke, is being seen in Chongqing, China, on May 12, 2024. Vanke is currently applying as a borrower to the Postal Savings Bank of China Co., Ltd. Shenzhen Luohu District branch for bank loans totaling 1.3 billion yuan with a term of 3 years. With this guarantee, Vanke's total external guarantee is reaching 29.882 billion yuan, which represents 11.92% of the company's audited net assets attributable to shareholders of listed companies as of the end of 2023. (Photo by Costfoto/NurPhoto)
              Vanke Crisis

              Vanke Crisis

              CHONGQING, CHINA - MAY 12, 2024 - The Land and Sea International Center project, the "tallest building" in Chongqing developed by Vanke, is seen in Chongqing, China, May 12, 2024. Recently, Vanke as a borrower to the Postal Savings Bank of China Co., Ltd. Shenzhen Luohu District branch applied for bank loans, loans a total of 1.3 billion yuan, the term of 3 years. After the occurrence of this guarantee, Vanke's total foreign guarantee will be 29.882 billion yuan, accounting for 11.92% of the company's audited net assets attributable to shareholders of listed companies by the end of 2023.
                Vanke Crisis

                Vanke Crisis

                The Land and Sea International Center project, known as the ''tallest building'' in Chongqing and developed by Vanke, is being seen in Chongqing, China, on May 12, 2024. Vanke is currently applying as a borrower to the Postal Savings Bank of China Co., Ltd. Shenzhen Luohu District branch for bank loans totaling 1.3 billion yuan with a term of 3 years. With this guarantee, Vanke's total external guarantee is reaching 29.882 billion yuan, which represents 11.92% of the company's audited net assets attributable to shareholders of listed companies as of the end of 2023. (Photo by Costfoto/NurPhoto)
                  Vanke Crisis

                  Vanke Crisis

                  The Land and Sea International Center project, known as the ''tallest building'' in Chongqing and developed by Vanke, is being seen in Chongqing, China, on May 12, 2024. Vanke is currently applying as a borrower to the Postal Savings Bank of China Co., Ltd. Shenzhen Luohu District branch for bank loans totaling 1.3 billion yuan with a term of 3 years. With this guarantee, Vanke's total external guarantee is reaching 29.882 billion yuan, which represents 11.92% of the company's audited net assets attributable to shareholders of listed companies as of the end of 2023. (Photo by Costfoto/NurPhoto)
                    Vanke Crisis

                    Vanke Crisis

                    CHONGQING, CHINA - MAY 12, 2024 - The Land and Sea International Center project, the "tallest building" in Chongqing developed by Vanke, is seen in Chongqing, China, May 12, 2024. Recently, Vanke as a borrower to the Postal Savings Bank of China Co., Ltd. Shenzhen Luohu District branch applied for bank loans, loans a total of 1.3 billion yuan, the term of 3 years. After the occurrence of this guarantee, Vanke's total foreign guarantee will be 29.882 billion yuan, accounting for 11.92% of the company's audited net assets attributable to shareholders of listed companies by the end of 2023.
                      Vanke Crisis

                      Vanke Crisis

                      CHONGQING, CHINA - MAY 12, 2024 - The Land and Sea International Center project, the "tallest building" in Chongqing developed by Vanke, is seen in Chongqing, China, May 12, 2024. Recently, Vanke as a borrower to the Postal Savings Bank of China Co., Ltd. Shenzhen Luohu District branch applied for bank loans, loans a total of 1.3 billion yuan, the term of 3 years. After the occurrence of this guarantee, Vanke's total foreign guarantee will be 29.882 billion yuan, accounting for 11.92% of the company's audited net assets attributable to shareholders of listed companies by the end of 2023.