Shenzhen government tightens control over Vanke with management changes, document shows
The government in the Chinese city of Shenzhen has made 10 new management appointments at China Vanke, according to an internal document seen by Reuters, in another move to tighten control over the ...
Reuters11d
China Vanke's CEO, chairman resign as $6.2 billion forecast loss deepens concerns
HONG KONG, Jan 27 (Reuters) - Property developer China Vanke (000002.SZ), opens new tab said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion ...
Yahoo Finance18d
China Steps Up Vanke Intervention as Developer Woes Deepen
Trading in three of Vanke’s yuan bonds was halted Monday afternoon after prices surged 20% or more following Bloomberg’s report on the discussions. They include the 3.45% yuan bond due October ...
Channel NewsAsia Singapore10d
China Vanke's CEO, chairman resign amid growing liquidity worries
Property developer China Vanke said on Monday (Jan 27) its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as it faces several debt maturity ...
The Financial Times11d
Vanke’s woes reignite fears for China’s property sector
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 ...
Morningstar4d
Despite Presale and Margin Weakness, Government’s Interference Is Conducive to Vanke’s Liquidity
China Vanke experienced a more than-20% revenue CAGR from 2014-19 as the market boomed. Property development remains the largest contributor to revenue with an over-80% mix, but the housing demand ...
MarketWatch10d
China Vanke Shares Jump as Management Reshuffle Raises Government Bailout Hopes
Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer. The company's stock gained as much as 14% to HK ...
Nikkei Asia10d
China Vanke's top executives step down as $6.2bn net loss looms
HONG KONG -- China Vanke Group on Monday announced the resignations of its top two executives, with immediate effect, as the property developer warned of steep losses for last year. In the latest ...
Investing10d
China Vanke's shares jump on fresh state support, management reshuffle
HONG KONG (Reuters) -A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as investors cheered the removal of near-term default ...
China Vanke Bonds Jump After Plan to Redeem Early $138 Million Onshore Notes
Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion ...
Yahoo Finance11d
China Vanke's CEO, chairman resign as $6.2 billion forecast loss deepens concerns
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 the ...