“We think it’s still too early to tell if Vanke will be taken over by the government,” said Jeff Zhang, Equity Analyst at ...
Read about Partners Group, Singapore Exchange and more in the latest Market Talks covering Financial Services.
A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as ...
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns ...
China Vanke Co.’s chairman and chief executive officer are both stepping down in an abrupt move after the embattled developer ...
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 ...
Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer.
Vanke, which employs about 130,000 people, ranked fifth in 2024. The Vanke lifeline also signals that China is willing to take more steps to halt a housing slump that’s now in its fourth year.
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 ...
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 ...