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BRIEF-China Vanke's increase in outstanding loans equivalent to 23.8 pct of end-2016 net assets
November 7, 2017 / 8:13 AM / 11 days ago

BRIEF-China Vanke's increase in outstanding loans equivalent to 23.8 pct of end-2016 net assets

Nov 7 (Reuters) - China Vanke Co Ltd

* Says outstanding loans stand at 167.3 billion yuan ($25.23 billion) as of Oct 31, up 38.4 billion yuan from Dec 31, 2016

* Says the increase of 38.4 billion yuan in outstanding loans equivalent to 23.78 percent of end-2016 net assets

Source text in Chinese: bit.ly/2m0oPQE

Further company coverage: ($1 = 6.6317 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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