China Vanke

M&A

Banyan Tree fully acquires China JV companies for RMB480 mil

Banyan Tree will fund the RMB425 million cash component of the transaction through its internal resources.

Bonds and treasuries

Asiadollar and Singdollar credits held steady in October despite rising US Treasury yields and geopolitical risks

Asia investment grade spreads remained unchanged despite greater volatility in spreads this month

IPO

China Vanke's unit seeks up to US$784 million in Hong Kong IPO

Temasek Holdings is among the cornerstone investors.

Banyan Tree expands global footprints with 26 hotel signings

SINGAPORE (Dec 18): Banyan Tree Group is continuing its global expansion with the successful signing of 26 hotel agreements for its four brands in 2018.

Broker's Calls

Positive outlook for Banyan Tree as it rides on Thailand's growth in tourism

SINGAPORE (July 17): Phillip Capital is maintaining its “accumulate” call on Banyan Tree Holdings with a target price of 73 cents.

Keppel Land China fully divests Waterfront Residences in Nantong for $75 mil gain

SINGAPORE (Aug 16): Keppel Land China announced wholly-owned subsidiary, Merryfield Investment, has entered into an agreement to divest 100% of its interest in Keppel Lakefront (Nantong) Property Development (KLNPD) to Nantong Wanjun Commercial Informatio

M&A

China Vanke in talks to join Chinese consortium bidding for GLP

HONG KONG (June 16): China Vanke, the country's No.2 homebuilder by sales, is in talks to join a Chinese consortium led by Hopu Investment Management and Hillhouse Capital Group to bid for Global Logistic Properties, three sources said.

China Vanke acquires 55% stake in First Sponsor's Dongguan project

SINGAPORE (Aug 22): First Sponsor says a unit of China Vanke has subscribed for a 55% stake in its subsidiary, FS Dongguan Investment Holdings.
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