Vanke gauges investor appetite for dollar bond sale

China Vanke Co, the nation's largest home builder, has launched a series of investor roadshows in Hong Kong, Singapore and London, in anticipation of issuing its first dollar bond - in another sign of the property giant's determination to explore overseas markets.

The Shenzhen-listed company has hired a multinational team of six investment banks - Bank of China (Hong Kong), Germany's Deutsche Bank Group, Singapore's DBS, the UK's HSBC PLC, US giant JP Morgan and Switzerland's UBS - to arrange the events.

Vanke's overseas subsidiary, Bestgain Real Estate Ltd, will be in charge of the bond issuance, Xinhua News Agency reported.