9 Followers HKEX:2202 - China Vanke Co Ltd China Vanke Co Ltd
Sector: Real Estate, Industry: Real Estate Development
Next Earnings: 29 Mar 2024
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HKD 5.42    +0.07 (+1.31%)

28 Mar 2024


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General

CEO: Mr. Liang Yu

Headquarters: HK

Employees: 131,817

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Description

China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with a 27.2% stake.

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