Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion ...
INDEBTED property developer China Vanke is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth fund GIC, a person with knowledge of the matter said. The ...
State-backed Vanke has been trying to sell a number of assets, including its stakes in cold chain logistics firm VX, logistics platform GLP and property management unit Onewo , to ease liquidity ...
In later years, Yu dominated Vanke’s diversification into non-traditional businesses, including rental apartments and logistics, as China’s urbanization entered its later stage. The company was forced ...
CHINA VANKE (02202.HK), a leading Chinese developer facing huge debts, is in advanced talks to sell a controlling stake in VX Logistics to Singapore's sovereign wealth fund GIC, Reuters quoted ...
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 ...
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 ...
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 ...
Jan 27 (Reuters) - Property developer China Vanke (000002.SZ), opens new tab said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns over the company's ...