Analyst Note
| Cheng Wee Tan |We are dropping coverage of China Vanke. We provide broad coverage of more than 1,500 companies globally and periodically adjust our coverage according to investor interest and staffing.
Economic Moat
PREMIUM
Capital Allocation
PREMIUM
We are dropping coverage of China Vanke. We provide broad coverage of more than 1,500 companies globally and periodically adjust our coverage according to investor interest and staffing.
China Vanke is a large real estate developer in China. In 2019, it achieved contracted sales value of CNY 631 billion, or 4% of the residential commodity market in China. The company ranks second by sales value among all Chinese developers. Property development accounts for 96% of earnings. It is dual-listed in Shenzhen and Hong Kong. Major shareholders are Shenzhen Metro, Baoneng Group, and Anbang Group.