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Vanke State Backer Books $5.5 Billion Loss, Most in Two Decades
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Vanke State Backer Books $5.5 Billion Loss, Most in Two Decades

Bloomberg Markets · Apr 30, 2026, 7:44 AM

China Vanke Co.’s state-owned backer reported its biggest annual loss in two decades, driven largely by its investments in the embattled developer, which has been grappling with a liquidity crunch for more than two years.

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