Vanke announced on its interactive platform that recently some of its

Published: Nov 1, 2023 08:47

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Vanke announced on its interactive platform that recently some of its domestic and overseas bonds have experienced abnormal trading, which is not due to any problem with the company's fundamentals, but mainly due to market sentiment fluctuations. At the same time, there have been false speculations about the company in overseas markets, leading to a sharp fluctuation in the price of its US dollar bonds at the end of last week. As of the end of the third quarter, the company had 103.7 billion yuan in hand, with a coverage ratio of 2.2 times for short-term debt. There is no overseas debt due this year, and only 380 million yuan of domestic credit bonds are due to be paid back. At present, the company's finances are sound, and all funds arrangements and repayment arrangements are proceeding in an orderly manner.

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