Vanke’s plan announced late on Wednesday accelerated a selloff that had begun a day earlier when a media report sparked speculation that the state-backed developer – a bellwether for the industry – might face a debt restructuring
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Vanke bonds plunge on plan to delay repayment, revive China property concerns
Vanke’s plan announced late on Wednesday accelerated a selloff that had begun a day earlier when a media report sparked speculation that the state-backed developer – a bellwether for the industry – might face a debt restructuring
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