Vanke () is a large residential

real estate Real estate is 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 (also) an item of real property, (more general ...

developer in

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

. It is engaged in developing, managing and selling properties across more than 60 mainland Chinese cities in the

Pearl River Delta The Pearl River Delta Metropolitan Region (PRD; ; pt, Delta do Rio das Pérolas (DRP)) is the low-lying area surrounding the Pearl River estuary, where the Pearl River flows into the South China Sea. Referred to as the Guangdong-Hong Kong-Mac ...

Yangtze River Delta The Yangtze Delta or Yangtze River Delta (YRD, or simply ) is a triangle-shaped megalopolis generally comprising the Wu Chinese-speaking areas of Shanghai, southern Jiangsu and northern Zhejiang. The area lies in the heart of the Jiangnan reg ...

and Bohai-Rim Region, with the provision of investment, trading,

consultancy A consultant (from la, consultare "to deliberate") is a professional (also known as ''expert'', ''specialist'', see variations of meaning below) who provides advice and other purposeful activities in an area of specialization. Consulting servic ...

services and

e-business Electronic business (or "Online Business" or "e-business") is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, grou ...

. It also has expanded into Hong Kong, the United States, the United Kingdom, and Malaysia since 2012. Its largest shareholder is

Shenzhen Metro The Shenzhen Metro () is the rapid transit system for the city of Shenzhen in Guangdong province, China. Extensions opened on 28 November 2022 put the network at of trackage, operating on 15 lines with 345 stations. Shenzhen Metro is the 6th ...

. It is headquartered in

Vanke Center Vanke () is a large residential real estate developer in China. It is engaged in developing, managing and selling properties across more than 60 mainland Chinese cities in the Pearl River Delta, Yangtze River Delta and Bohai-Rim Region, with ...

() in

Dameisha Dameisha Beach () is one of the largest beaches in Shenzhen, China. It is located on the northern shore of Mirs Bay along the Yantian District coastline and was opened to public in 1999. A Sheraton resort is located next to the beach. Economy V ...

Yantian District Yantian District () is one of the nine districts of the city of Shenzhen, Guangdong, China. It is adjacent to Shenzhen River and Hong Kong to the south, and is surrounded by Luohu, Longgang and Pingshan districts of Shenzhen. Before 1960s, t ...

Shenzhen Shenzhen (; ; ; ), also historically known as Sham Chun, is a major sub-provincial city and one of the special economic zones of China. The city is located on the east bank of the Pearl River estuary on the central coast of southern province ...

Guangdong Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) ...

province. Vanke was listed on the

Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ...

in 1991, the second

listed company A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in Over-the-counter (finance), over-the-counter markets. A public (publicly traded) comp ...

in the Shenzhen Stock Exchange after

Shenzhen Development Bank Shenzhen Development Bank Co., Ltd. was a bank based in Shenzhen, Guangdong, China, listed on the Shenzhen Stock Exchange. Ping An Insurance bought the controlling stake in Shenzhen Development Bank in 2011, from Newbridge Capital (16.76%) and f ...

. It had the largest

market capitalisation Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by t ...

in 2006 on the Shenzhen Stock Exchange. As of 2020, Vanke is ranked 208th in the

Fortune Global 500 The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by ''Fortune'' magazine. Methodology Until 1989, it listed onl ...

Fortune Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck * Wealth * Fortune, a prediction made in fortune-telling * Fortune, in a fortune cookie Arts and entertainment Film and television * ''The Fortune'' (1931 film) ...

reported the company having US$53.253 billion in revenue, US$248.360 billion worth of assets, and 131,505 employees that year. Vanke was also ranked 96th in the

Forbes Global 2000 The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by ''Forbes'' magazine. "The Global 2000" annual ranking is assembled by ''Forbes'' using a weighted assessment of four metrics: sales, profi ...

in 2020. As of 21 February 2019 its market cap is US$44 billion.

References

Companies in the CSI 100 Index Real estate companies of China Companies based in Shenzhen China Resources Companies listed on the Hong Kong Stock Exchange Companies listed on the Shenzhen Stock Exchange Real estate companies established in 1984 Chinese companies established in 1984 Chinese brands {{China-company-stub

See also

References