04 Mar Chinese insurers sound the alarm over Vanke debt risks after property giant’s bonds, shares tumble on repayment concerns
Posted at 12:25h
in Asia
Some of China’s largest insurers are sounding the alarm over the debt risks of China Vanke, according to people familiar with the matter, as shares and bonds of the firm – a major property developer – hit record lows on repayment concerns.At least two Beijing-based...