China Vanke stock surged following a management reshuffle, raising hopes for government support, though liquidity concerns ...
China Vanke Co.’s chairman and chief executive officer are both stepping down in an abrupt move after the embattled developer warned of a record 45 billion yuan ($6.2 billion) loss for 2024.
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record ...
Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion ...
After numerous measures to resolve a liquidity crisis in the property market in recent years, Beijing is expected to end up ...
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 ...
Beijing (AFP) – The head of one of China's biggest property firms has been "taken away" by police, state-backed media reported Thursday, as a prolonged housing slump continues to hit the world's ...
A worker drives past residential buildings under construction by Chinese real estate developer Vanke in Hangzhou in March 2024. Photo: STR / AFP/File Source: AFP PAY ATTENTION: NOW You can COMMENT on ...
Zhu Jiusheng, CEO of Vanke, was "taken away by public security authorities", the Economic Observer reported, citing sources. Hong Kong-listed Vanke, which is part-owned by the government of ...