China Vanke CEO's Reported Detention Deepens Property Sector Concerns By Clare Jim and Donny Kwok HONG KONG (Reuters) -The future of developer China Vanke and its $45 billion in debt were in focus ...
Simply sign up to the Chinese business & finance myFT Digest -- delivered directly to your inbox. Leading Chinese property developer Vanke has forecast a $6.2bn annual loss and announced the ...
Vanke announced a profit warning, projecting a 2024 net loss of CNY 45 billion, along with the resignations of its former chairman and CEO. Given Vanke's suppressed earnings and liquidity, credit ...
(Bloomberg) -- China Vanke Co. rebounded from record lows in credit markets, as people familiar with the matter said the distressed developer had previously told some creditors it had enough cash ...