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 ...
HONG KONG, Jan 28 (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 ...
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 ...
The Shenzhen government is likely to bail out China Vanke, allowing the troubled mainland Chinese developer to overcome its liquidity problems, according to industry observers. Following the board ...
(Bloomberg) -- China Vanke Co. has been thrown a lifeline by state authorities, a rare show of support that signals the developer may be too big to fail even after dozens of property firms ...
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 ...
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 ...
China Steps Up Vanke Intervention as Developer Woes Deepen Shenzhen government held a meeting on Friday to discuss Vanke Officials plan to stabilize Vanke operations, add new auditors ...
Shares in developer China Vanke fell and rumours swirled about its CEO’s whereabouts on Friday, as the company’s debts led analysts to discuss a government rescue of the country’s largest ...
Hong Kong-listed Vanke, which is part-owned by the government of Shenzhen, was China's fourth-largest real-estate firm by sales last year, according to research firm CRIC. It reported a net loss of ...