---- Ein Logo von Vanke ist auf einem Gebäude in einem Wohnviertel von Vanke in Qingdao Stadt entwickelt, der ostchinesischen Provinz Shandong, 17. Juli 201
--FILE--A logo of Vanke is seen on a building at a residential quarter developed by Vanke in Qingdao city, east China's Shandong province, 17 July 2017. China Vanke Co, a leading residential property developer, will switch gears and diversify into new areas to overcome flat growth that appears to have hit a ceiling after years of strong sales. But stock markets in Shenzhen and Hong Kong shrugged off Vanke's strong first-half results that were announced late on Thursday (24 August 207). This appears to have prompted the company to announce it is looking at new areas such as development of realty on railway land, alternative forms of urban rail transport, long-term rental apartments, winter vacations, nursing services for the elderly and education. Yu Liang, Vanke's former president who recently succeeded founder Wang Shi as chairman, told media in Shenzhen that the company is exploring the "railway-plus-property" model. The company has already built several project in cooperation with Shenzhen's State-owned metro operator, which is also its largest shareholder. Yu said Vanke is working with other urban rail operators and high-speed train companies. He said Vanke is also looking at new-energy carmaker BYD's monorail systems.
