China Vanke: Battle for Control (D)

Lynn S. Paine; Charles C.Y. Wang; Dawn H. Lau; Anthony K. Woo

Supplement | HBS Case Collection | March 2018

China Vanke: Battle for Control (D)

by Lynn S. Paine, Charles C.Y. Wang, Dawn H. Lau and Anthony K. Woo

Abstract

In the battle for control over China Vanke, the Chinese securities regulator steps in to censure Vanke and Baoneng for acting against the interests of the market and minority shareholders. The Chinese insurance regulator also finds Baoneng to be in violation of insurance regulations, and subjects its insurance arm to severe restrictions on further sales of its products. A rival private property developer, China Evergrande, also joins the fray, buying enough shares to become Vanke's third largest shareholder. The case finally relays how the battle for control winds down and the eventual resolution.

Keywords: Corporate Governance; Governing Rules, Regulations, and Reforms; Governing and Advisory Boards; Business and Shareholder Relations; Conflict and Resolution; Real Estate Industry; China;

Language: English

Format: Print

6 pages

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Citation:

Paine, Lynn S., Charles C.Y. Wang, Dawn H. Lau, and Anthony K. Woo. "China Vanke: Battle for Control (D)." Harvard Business School Supplement 318-120, March 2018.

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China Vanke: Battle for Control (D)

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