Stock Track | China Vanke Soars 5.11% Intraday on Rescue Package Report and Policy Support

Stock Track
Feb 11

China Vanke's stock surged 5.11% during the late trading session on Wednesday, as the property developer benefited from positive market sentiment and supportive policy developments.

The rally came amid reports that the Shenzhen government has drafted a rescue package for the developer. Additionally, China Vanke's US dollar bonds are set to record their largest gain since January 2025, with the company's 3.5% bond due in November 2029 rising 5.7 cents to 38.7 cents per dollar.

Market sentiment was also bolstered by Shanghai's recent advancement of a program to purchase existing homes from the secondary market, which analysts say could help stabilize price expectations in the property sector. Policy signals to stabilize expectations have continued to strengthen since the beginning of 2026.

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