China Vanke Co., Ltd.: Update following H1 2019 results
Our credit view of China Vanke, reflecting the company's leading market position, track record in property development, strong financial metrics and disciplined financial management.China Vanke is engaged in the development and sale of properties with commodity housing as its major products. Through its subsidiaries, Co. is also engaged in project investments; the construction technology research; investment trading and provision of consultancy services; intelligent technology; and the provision of yacht and berth leasing. Co.'s investment covers Guangshen Region, Shanghai Region, Beijing Region and Chengdu Region.
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