China Vanke

China Vanke is a major property developer in China. It is currently newsworthy due to the significant financial challenges it faces amidst a prolonged downturn in the Chinese real estate market. Recent reports indicate that China Vanke posted a record operating loss of 88.56 billion yuan (US$12.9 billion) in 2025. This loss underscores the continued struggles of mainland developers in the face of a sluggish economic recovery. While some developers have reported profits, these are often attributed to non-cash gains from debt restructuring, highlighting the underlying financial strain. The situation is also impacting developers in Singapore, who are experiencing declining rents and property values due to China's property woes. Despite these challenges, analysts believe investors are unlikely to completely withdraw from the Chinese market due to its size and recent policy support, but will become more selective in their investments.