founder of credit analysis firm Ratingdog. Vanke's May 2028 onshore bond was quoted 15% higher on Monday morning at 73 yuan versus a 100 yuan par value. Bids for its May 2025 dollar bond also rose ...

Chairman Yu Liang applied to resign due to “work adjustment reasons,” Vanke said in a filing to the Hong Kong stock exchange ...

In 2017, he took the presidency role from founder Wang Shi (王石) after an ownership tussle that ended with a state entity becoming its biggest investor. In later years, Yu dominated Vanke’s ...

The founder of Shanghai-based developer Zhenro ... yuan (US$16.9 billion), according to its interim report. China Vanke, another cash-strapped developer backed by the Shenzhen government, saw ...

Also in today’s newsletter, Vanke’s crisis reignite fears for China’s property sector, and Tesla sues EU over tariffs on EVs from China ...

China Vanke, once a pillar of stability in the country's turbulent property market, announced a projected net loss of $6.2 billion for 2024, marking the largest annual loss in the developer's history.

China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion loss, a sign the property meltdown is still raging. By Alexandra ...

HONG KONG (Reuters) -Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over ...

Embattled builder China Vanke, once the second-largest Chinese developer by sales, reshuffled its management while forecasting a record US$6.2 billion net loss for 2024 as it struggles to get out ...