South China Morning Post CENTER (0.0) Reliability: 7.5/10

Developer China Vanke reports US$2.3 billion loss amid sales slowdown

📅 October 31, 2025 09:47 AM 🕐 Scraped: October 31, 2025

Summary: Persistent property-market weakness ratchets up pressure on the developer despite increased support from its largest state-owned shareholder.

Developer China Vanke reported a deeper third-quarter loss, highlighting mounting challenges as the prolonged property market downturn continues to weigh on its sales.

The Shenzhen-based company posted a loss of 16.1 b

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🌍 South China Morning Post

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October 31, 2025 at 09:47 AM

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