China Vanke's bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($137.68 million) early in March.

The government in the southern city of Shenzhen, where Vanke has its headquarters, is stepping up meetings and coordination with local state enterprises on plans to contain the company's debt risk ...

Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property 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 ...

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 ...

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.

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 ...

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 ...