{"id":309854,"date":"2025-11-27T08:25:07","date_gmt":"2025-11-27T08:25:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/309854\/"},"modified":"2025-11-27T08:25:07","modified_gmt":"2025-11-27T08:25:07","slug":"china-vankes-loan-request-rejected-by-at-least-two-local-banks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/309854\/","title":{"rendered":"China Vanke\u2019s Loan Request Rejected by at Least Two Local Banks"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/2202:HK\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">China Vanke Co.<\/a> was rejected by at least two big local banks as it tried to secure a short-term loan to quell the default fears that have fueled a <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-26\/china-property-woes-deepen-as-vanke-seeks-bond-payment-delay\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">plunge in its bonds<\/a> this week, according to people familiar with the matter.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The company held talks with banks about securing a so-called liquidity loan to help repay two bonds worth a combined 5.7 billion yuan ($805 million) due next month, said the people, asking not to be identified when discussing a private matter. The talks were held ahead of a Wednesday evening announcement that <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-26\/china-property-woes-deepen-as-vanke-seeks-bond-payment-delay\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Vanke would seek<\/a> bondholder approval to push back the maturity of one of the bonds.<\/p>\n","protected":false},"excerpt":{"rendered":"China Vanke Co. was rejected by at least two big local banks as it tried to secure a&hellip;\n","protected":false},"author":2,"featured_media":309855,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[8580,3244,45,49,48,95,18185,10081,46,893,100,968,12157,138464,17709],"class_list":["post-309854","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-beijing","tag-bonds","tag-business","tag-ca","tag-canada","tag-china","tag-china-renminbi-spot","tag-consumer-confidence","tag-economy","tag-government","tag-markets","tag-real-estate","tag-shenzhen","tag-shenzhen-metro-group-co-ltd","tag-us-dollar-spot"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/309854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=309854"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/309854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/309855"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=309854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=309854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=309854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}