A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as ...
China Vanke faces turmoil as Chairman Yu Liang and CEO Zhu Jiusheng resign amidst a projected $6.2 billion loss for 2024, its ...
Officials of Shenzhen, the southern metropolis where Vanke is based, held a closed-door meeting to discuss Vanke on Friday, said the people, asking not to be identified discussing a private matter.
Vanke has no effective management at the top. State-owned Shenzhen Metro Group Co., its largest shareholder, held only a 27% stake as of last September, making it arguably a passive investor.
China Vanke CEO Zhu Jiusheng was detained by public security authorities on Wednesday and a Shenzhen government task force ...
VX Logistics posted revenue of 1.94 billion yuan ($266.24 million) in the first half of 2024, according to Vanke's interim report. The government in the southern city of Shenzhen, where Vanke has ...
The head of one of China's biggest property firms has been "taken away" by police, state-backed media reported Thursday, as a ...
Vanke had previously been viewed as insulated from China's broader property market turmoil given it is backed by major state-owned shareholder Shenzhen Metro while other crisis-hit developers are ...
China Vanke Co (萬科) rebounded from record lows in credit markets, as people familiar with the matter said the distressed ...
The Shenzhen-based developer’s 81.6 per cent stake in VX Logistics was worth about 27 billion yuan (S$5 billion) in 2022, according to corporate registry records that then valued the whole company at ...