Baoneng Group faces the forced liquidation of its investment in China Vanke unless it can meet impending margin calls on its borrowing — in a demonstration of the risk of using leverage to build a stake for a hostile bid.
寶能集團(Baoneng Group)對萬科(China Vanke)的投資面臨被迫變現，除非它能滿足迫在眉睫的追加貸款保證金要求。這展示了利用杠桿積累股權、實施敵意收購的風險。
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