China, Vanke

China Vanke CEO's reported detention deepens property sector concerns
The future of developer China Vanke and its $45 billion in debt were in focus on Friday after media reports alleged its CEO had been temporarily detained, deepening concerns about China's embattled property sector.
China Vanke's Turmoil: CEO Detention Rattles Real Estate Market
China's property sector is in turmoil as China Vanke's CEO, Zhu Jiusheng, has been detained. This has sparked fears of a government takeover, sending the company's shares plummeting. The incident is part of wider concerns about debt in China's real estate market,
China Vanke's CEO Detained by Authorities, State Media Reports
Vanke's financial woes became public early last year after the firm sought to extend the maturity of its debt as its monthly sales plunged below break-even levels. It was ranked N
China Vanke's Hong Kong shares drop 8% after report of CEO detention
The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive. A Shenzhen government task force has stepped in to oversee operations at the state-backed developer,
China: Shares of Chinese developer Vanke plummet 7.8% after CEO reportedly detained
Shares of China’s second-largest property developer, Vanke, dropped 7.8 percent Friday amid uncertainty over the whereabouts of the company's CEO, Zhu Jiusheng. Jiusheng was reportedly detained Thursday night,
China developer Vanke’s fate in question as shares and bonds drop amid rumours
Shares in developer China Vanke fell and rumours swirled about its CEO’s whereabouts on Friday, as the company’s debts led analysts to discuss a government rescue of the country’s largest builder by revenue.
Business Insider9y
China Vanke's driverless car robots
An curved arrow pointing right. China Vanke, the country's largest real estate developer, is entering the world of self-driving cars. To shuttle people around their development compounds ...
Bloomberg L.P.11d
China Vanke’s Year of Reckoning Has Finally Arrived
China Vanke Co., the country’s largest privately held developer, might just be in that uneasy spot even as Beijing vows to stabilize housing prices in 2025. Vanke is facing a liquidity crunch.
Wall Street Journal1y
Vanke vs. Baoneng: China’s Hostile Takeover Battle Explained
A rare, high-profile takeover battle is brewing in China, involving China Vanke, one of the country’s best-known companies and the world’s biggest property developer by sales. Photo: Reuters ...
China Vanke has no plans to extend bonds amid market slump, REDD reports
Property developer China Vanke told some investors on Wednesday that it had no plans to extend its bonds amid a market ...
Bloomberg L.P.1mon
Chinese Regulator Asks Insurers to Report Vanke Debt Holdings
China’s banking regulator told the country’s biggest insurers to report their financial exposure to China Vanke Co., in a bid to assess how much support the developer needs to avoid default ...
Yahoo Finance9d
Vanke Bond Distress Deepens Ahead of $4.9 Billion Maturity Wall
Vanke has about $4.9 billion in yuan- and dollar-denominated bonds maturing or facing redemption options in 2025, its highest annual amount ever, and the most for any Chinese developer this year ...
realty.economictimes.indiatimes3y
CHINA VANKE
Investors have been selling off Vanke's shares and bonds in the past few weeks on liquidity concerns, triggering a rare central government directive to help the Shenzhen-based company. S&P slashes ...
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China Vanke boss acknowledges ‘pressure’ as 2023 profits slump amid liquidity distress rumours
The embattled property developer posted a 46.4 per cent drop in net profit for 2023, alarming investors 'There is some pressure, but we can get through,' says Zhu Jiusheng, Vanke's president and ...