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 ...

Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion ...

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 ...

Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons". Beijing has in recent ...

A China Vanke logo is seen at a gate of a construction site in Shanghai, China, on Mar 21, 2017. (Photo: REUTERS/Aly Song) 27 Jan 2025 05:56PM (Updated: 27 Jan 2025 07:41PM) ...

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 ...

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 ...

Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons". Beijing has in recent ...

Beijing: Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to "health reasons", after state-backed media reported he had been taken away by authorities. The company ...

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 ...