Summary by Futu AI
According to the Securities Listing Rules of the Hong Kong Stock Exchange, China Vanke Co., Ltd. (referred to as "China Vanke") announced on June 14, 2024 that it will exercise the redemption option of the 21 China Vanke 05 corporate bond. The bond was issued on July 26, 2021, and the third interest payment year is scheduled to be paid on July 26, 2024. The company decided to redeem the bond early based on current market conditions and its own actual situation, and will pay the face value and the last interest payment to registered bond holders on the redemption registration date. If the company does not exercise the redemption option, the bond will continue to exist until the fourth and fifth years. The board of directors of China Vanke includes executive directors Yu Liang, Zhu Jiusheng, and Wang Yun, non-executive directors Xin Jie, Hu Guobin, Huang Liping, and Lei Jiangsong, as well as independent non-executive directors Liao Zibin, Lin Mingyan, Dr. Shen Xiangyang and Zhang Yichen.