China Vanke Default Risk Escalates, Tether Bids for Juventus Amid US Visa Fee Lawsuit and Gaza Ceasefire Tensions
Stock Market News·2025-12-13 23:38
Key TakeawaysChina Vanke (2202.HK) faces heightened default risk after a critical plan to extend a RMB2 billion local bond, originally due December 15, 2025, failed to secure sufficient bondholder approval, rattling confidence in the Chinese property sector.Cryptocurrency giant Tether has launched a substantial €1.1 billion all-cash bid to acquire a majority stake in Italian football club Juventus Football Club (JUVE), signaling a significant move by crypto firms into traditional sports asset ownership.A co ...