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 ...

Embattled builder China Vanke, once the second-largest Chinese developer by sales, reshuffled its management while forecasting a record US$6.2 billion net loss for 2024 as it struggles to get out ...

The restaurant and bakery Mah-Ze-Dahr has closed in Crystal City after three and a half years. The New York City-based cafe, which opened in June 2021, shuttered at 1550 Crystal Drive last Thursday.

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 ...

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 ...

It fell to fifth by sales value last year from second in 2023. The government in the southern city of Shenzhen, where Vanke has its headquarters, is stepping up meetings and coordination with ...

HONG KONG -- China Vanke Group on Monday announced the resignations of its top two executives, with immediate effect, as the property developer warned of steep losses for last year. In the latest ...

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 ...

Property developer China Vanke said on Monday (Jan 27) its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as it faces several debt maturity ...

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 ...

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.