Southern + reports that "the bulls are actively supporting, Vanke's development has ushered in a major turning point, Shenzhen state-owned assets: there is enough 'ammunition' to support Vanke"

China Vanke Co., Ltd. issued 5 announcements, involving annual report forecasts, executive changes, project transfers, and other content. This indicates that Vanke, facing liquidity risks, is 迎来重大转机。

The head of the Shenzhen State-owned Assets Supervision and Administration Commission emphasized: "By the end of 2024, the assets of state-owned enterprises in Shenzhen will exceed 5 trillion yuan, with annual revenue exceeding 1 trillion yuan. With large scale and strong strength, we have the ability, strength, and enough 'bullets' to support the Metro Group in promoting Vanke's steady development through all possible market-oriented and legal means."

In addition, Shenzhen will also coordinate assets, funds, and resources, and on the basis of existing support tools, continue to gradually reduce the Metro Group's asset-liability ratio through direct capital injection, asset allocation, and other means, enhancing its liquidity and supporting it to better play the role of Vanke's largest shareholder.

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