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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.

E

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.

E

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.

E

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.

E

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.

E

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.

E

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.

E

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.

E

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.

E

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.

E

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.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

A Country Garden Residential Area in Nanjing

NANJING, CHINA - FEBRUARY 28, 2024 - Aerial video shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 28, 2024. On the same day, Country Garden Holdings Limited issued a notice to the Hong Kong Stock Exchange that the Company had been made aware of the winding-up petition filed by Ever Credit Limited (the "Petitioner") in the High Court of the Hong Kong Special Administrative Region on 27 February 2024. It relates to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (Lender) and the Company (Borrower) and accrued interest.

E

Country Garden Filed For Liquidation

FUYANG, CHINA - FEBRUARY 28, 2024 - A Country Garden residential building is seen in Fuyang city, Anhui province, China, February 28, 2024. In an announcement to the Hong Kong Stock Exchange, Country Garden said that EVER CREDIT filed a winding-up petition against the company in the High Court of Hong Kong on February 27 in relation to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (lender) and the Company (borrower), together with accrued interest.

E

Country Garden Filed For Liquidation

FUYANG, CHINA - FEBRUARY 28, 2024 - People pass by the residential corridor of Country Garden residential community in Fuyang city, Anhui province, China, February 28, 2024. In an announcement to the Hong Kong Stock Exchange, Country Garden said that EVER CREDIT filed a winding-up petition against the company in the High Court of Hong Kong on February 27 in relation to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (lender) and the Company (borrower), together with accrued interest.

E

Country Garden Filed For Liquidation

FUYANG, CHINA - FEBRUARY 28, 2024 - People pass by the residential corridor of Country Garden residential community in Fuyang city, Anhui province, China, February 28, 2024. In an announcement to the Hong Kong Stock Exchange, Country Garden said that EVER CREDIT filed a winding-up petition against the company in the High Court of Hong Kong on February 27 in relation to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (lender) and the Company (borrower), together with accrued interest.

E

Country Garden Filed For Liquidation

FUYANG, CHINA - FEBRUARY 28, 2024 - People pass by the residential corridor of Country Garden residential community in Fuyang city, Anhui province, China, February 28, 2024. In an announcement to the Hong Kong Stock Exchange, Country Garden said that EVER CREDIT filed a winding-up petition against the company in the High Court of Hong Kong on February 27 in relation to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (lender) and the Company (borrower), together with accrued interest.

E

Country Garden Filed For Liquidation

FUYANG, CHINA - FEBRUARY 28, 2024 - People pass by the residential corridor of Country Garden residential community in Fuyang city, Anhui province, China, February 28, 2024. In an announcement to the Hong Kong Stock Exchange, Country Garden said that EVER CREDIT filed a winding-up petition against the company in the High Court of Hong Kong on February 27 in relation to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (lender) and the Company (borrower), together with accrued interest.

E

Country Garden Filed For Liquidation

FUYANG, CHINA - FEBRUARY 28, 2024 - A Country Garden residential building is seen in Fuyang city, Anhui province, China, February 28, 2024. In an announcement to the Hong Kong Stock Exchange, Country Garden said that EVER CREDIT filed a winding-up petition against the company in the High Court of Hong Kong on February 27 in relation to an unpaid term loan of approximately HK $1.6 billion in principal between the petitioner (lender) and the Company (borrower), together with accrued interest.

E

Arrietty garden

AOMORI, Japan - The Seibien garden in Hirakawa, Aomori Prefecture, in a photo taken on July 31, 2010, has seen an increase in visitors since Studio Ghibli used it as the model for a house and garden in its latest animated film ''Karigurashi no Arrietty'' (The Borrower Arrietty).

E

Panel unveils guidelines for banks granting debt waivers

TOKYO, Japan - Financial Services Minister Hakuo Yanagisawa addresses a joint study panel of the Japanese Bankers Association and the Federation of Economic Organizations held in Tokyo on June 29. The panel unveiled an interim report, setting guidelines for when a bank forgives loans to a corporate borrower.

E

Panel unveils guidelines for banks granting debt waivers

TOKYO, Japan - Financial Services Minister Hakuo Yanagisawa addresses a joint study panel of the Japanese Bankers Association and the Federation of Economic Organizations held in Tokyo on June 29. The panel unveiled an interim report, setting guidelines for when a bank forgives loans to a corporate borrower.

E

Arrietty garden

AOMORI, Japan - The Seibien garden in Hirakawa, Aomori Prefecture, in a photo taken on July 31, 2010, has seen an increase in visitors since Studio Ghibli used it as the model for a house and garden in its latest animated film ''Karigurashi no Arrietty'' (The Borrower Arrietty). (Kyodo)