China Vanke bondholders meet on repayment delay as property rout deepens

A Vanke-developed luxury apartment construction site in downtown Shanghai. Its payment-delay requests have surprised investors despite backing from a state-owned enterprise. (Photo by Wataru Suzuki)

WATARU SUZUKI

December 10, 2025 11:05 JST

SHANGHAI -- Bondholders of Chinese property developer China Vanke are meeting on Wednesday to review a proposal to delay bond repayments for a year, as falling home prices put pressure on the company's cash flow amid signs of contagion.