VANKE OVERSEAS Stock Forum

According to the performance forecast released by China Vanke $CHINA VANKE(02202.HK)$ , the company expects a net loss of 7 to 9 billion yuan for the current period, compared to a net profit of 9.87 billion yuan in the same period last year. After excluding non-recurring gains and losses, Vanke anticipates a net loss of 5 to 6.5 billion yuan.
The increased losses compared to the first quarter are attributed to a decline in settlement profits from real estate projects and the company's intensif...

China's Jan-Apr realestate development investment fell by 9.8% y/y to 3.1 trillion yuan.
Residential housing sales areas tumbled 20.2% y/y to 2.26 trillion square meters, and the total sales plummeted by 28.3% y/y to 2.8 trillion yuan.
Developing funds in place fell 24.9% y/y to 3.4 trillion yuan.
Sentiment 92.0
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