UOB’s Hong Kong and China Property Loan Exposure Faces Fresh Scrutiny as Real Estate Prices Sink and Vanke Races to Avert Default
Singapore’s United Overseas Bank (UOB) is back in the spotlight on December 17, 2025, after new reporting detailed how a years-long push into Hong Kong and mainland China real estate lending is colliding with a prolonged downturn in commercial property values and a worsening refinancing environment in parts of Greater China. The Straits Times+1 The renewed investor focus comes as stress signals from China’s property sector persist: China Vanke, one of the country’s most prominent state-backed developers, is again attempting to win creditor approval to delay repayment on an onshore bond, offering to pay overdue interest while seeking more time