China Vanke’s Outlook Further Strained by GLP’s Bond Distress

China Vanke Co.’s stake in a logistics firm that’s facing mounting investor concerns is adding to the strain on the distressed developer, just as another wave of looming debt maturities...

By Charlie Zhu, Emma Dong · Bloomberg Markets

China Vanke Co.’s stake in a logistics firm that’s facing mounting investor concerns is adding to the strain on the distressed developer, just as another wave of looming debt maturities stokes default risks again.