China Vanke
Encyclopedia
Vanke is the largest residential real estate
developer in the People’s Republic of China. It is engaged in developing, managing and selling
of the properties across 20 cities in Pearl River Delta
, Yangtze River Delta
and Bohai
-Rim Region, with the provision of investment
trading
, consultancy services and e-business. Its parent company
is China Resources
. It is headquartered in Shenzhen
, Guangdong
.
Vanke was listed on the Shenzhen Stock Exchange
in 1991, the second listed company in the Shenzhen Stock Exchange after Shenzhen Development Bank
. It had the largest market capitalisation in 2006 on the Shenzhen Stock Exchange.
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
developer in the People’s Republic of China. It is engaged in developing, managing and selling
Selling
Selling is offering to exchange something of value for something else. The something of value being offered may be tangible or intangible. The something else, usually money, is most often seen by the seller as being of equal or greater value than that being offered for sale.Another person or...
of the properties across 20 cities in Pearl River Delta
Pearl River Delta
The Pearl River Delta , Zhujiang Delta or Zhusanjiao in Guangdong province, People's Republic of China is the low-lying area surrounding the Pearl River estuary where the Pearl River flows into the South China Sea...
, Yangtze River Delta
Yangtze River Delta
The Yangtze River Delta, Yangtze Delta or YRD, also called Yangzi, or Chang Jiang Delta, Rive Chang Delta Tai Lake Region or the Golden Triangle of the Yangtze, generally comprises the triangular-shaped territory of Wu-speaking Shanghai, southern Jiangsu province and northern Zhejiang province of...
and Bohai
Bohai Bay
Bohai Bay is one of the three bays forming the Bohai Gulf, the innermost gulf of the Yellow Sea, in northeast China. It borders Hebei province and Tianjin Municipality...
-Rim Region, with the provision of investment
Investment
Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...
trading
Trader (finance)
A trader is someone in finance who buys and sells financial instruments such as stocks, bonds, commodities and derivatives. A broker who simply fills buy or sell orders is not a trader, as they are merely executing instructions given to them. According to the Wall Street Journal in 2004, a managing...
, consultancy services and e-business. Its parent company
Parent company
A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...
is China Resources
China Resources
China Resources is a group of companies in a wide variety of businesses in Hong Kong and mainland China. Some of its companies use the name in the form of the acronym CRC....
. It is headquartered in Shenzhen
Shenzhen
Shenzhen is a major city in the south of Southern China's Guangdong Province, situated immediately north of Hong Kong. The area became China's first—and one of the most successful—Special Economic Zones...
, Guangdong
Guangdong
Guangdong is a province on the South China Sea coast of the People's Republic of China. The province was previously often written with the alternative English name Kwangtung Province...
.
Vanke was listed on the Shenzhen Stock Exchange
Shenzhen Stock Exchange
The Shenzhen Stock Exchange is one of the People's Republic of China's two stock exchanges, alongside the Shanghai Stock Exchange. It is based in Shenzhen, China...
in 1991, the second listed company in the Shenzhen Stock Exchange after Shenzhen Development Bank
Shenzhen Development Bank
Shenzhen Development Bank Co., Ltd. is a bank based in Shenzhen, Guangdong, People's Republic of China. It is listed on the Shenzhen Stock Exchange.-External links:*...
. It had the largest market capitalisation in 2006 on the Shenzhen Stock Exchange.