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Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns ...
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 $6.2 billion net loss for 2024, as concerns over ...
SHANGHAI/HONG KONG, Jan 27 (Reuters) - China Vanke's (000002.SZ), opens new tab bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($ ...
Officials of Shenzhen, the southern metropolis where Vanke is based, held a closed-door meeting to discuss Vanke on Friday, said the people, asking not to be identified discussing a private matter.
Vanke's Hong Kong-listed shares closed up 2.1% on Tuesday, after opening 8.7% higher, while the Hang Seng Mainland Properties Index slipped 0.5%. China's stock markets were closed on Tuesday for ...
China Vanke Co (萬科) chairman and chief executive officer would both resign in an abrupt move after the embattled developer warned of a record 45 billion yuan (US$6.2 billion) loss for last year.
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 risks ...
With the crisis in the sector entering its fifth year, concerns about the financial health of China Vanke pose fresh challenges for the authorities, who have so far avoided the moral hazard of ...