China Vanke Co. plans to sell an unfinished property project once designated as its new headquarters, the developer’s latest effort to divest assets and boost liquidity.
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China Builder Vanke Tells Investors It Readied Money to Pay BondOne of China’s most-watched developers has told some investors that it readied cash for an upcoming yuan bond payment, a move that may boost a firm that’s faced concern about its liquidity amid a broader property debt crisis.
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