5 Chinese Real Estate Stocks to Watch as Analysts Predict More Defaults and Crisis

3. China Vanke Co., Ltd. (OTC:CHVKF)

Market Capitalization as of July 25: $28 billion  

China Vanke Co., Ltd. (OTC:CHVKF) engages in the development and sale of properties. The firm develops and sells residential buildings, commercial offices, and ancillary facilities. It also has interests in the hotel and resort, education, and housing rental businesses. The firm was founded in 1984 and is based in the Yantian region of Shenzhen. It employs more than 139,000 people in mainland China. In addition to the property sector, the firm also engages in the logistics and warehousing business. 

Late last year, amid the default of Evergrande, one of the largest property developers in China, the Chinese government had asked state-backed property firms like China Vanke Co., Ltd. (OTC:CHVKF) to buy some of the assets of the former.