Property developer China Vanke Co., which warned of a record $6.2 billion loss, has been thrown a lifeline by the government.

Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer.

Property developer China Vanke said on Monday (Jan 27) its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns ...

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.

Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record ...

China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion ...

The China stock market has finished higher in two straight sessions, improving almost 40 points or 1.2 percent along the way. The ...

Women, youth, farmers and poor can continue to be Budget 2025's ‘roti, kapda aur makan’ Modi govt has a key task in Budget 2025: Unlocking the PLI goldmine The report, citing sources, said ...

China Vanke CEO Zhu Jiusheng was detained on Wednesday, prompting a Shenzhen government task force to oversee the property's operations, as reported by The Economic Observer. With a possible ...

BEIJING (Reuters) – China Vanke CEO Zhu Jiusheng was taken away by public security authorities on Wednesday, state media The Economic Observer reported on Thursday, citing sources. Vanke did not ...

China Vanke CEO Zhu Jiusheng has been detained by public security authorities, according to a report by state media outlet The Economic Observer on Thursday. The real estate company did not provide ...

A worker drives past residential buildings under construction by Chinese real estate developer Vanke in Hangzhou in March 2024. Photo: STR / AFP/File The head of one of China's biggest property firms ...