China Vanke faces turmoil as Chairman Yu Liang and CEO Zhu Jiusheng resign amidst a projected $6.2 billion loss for 2024, its ...

We also expect Shenzhen Metro to appoint Vanke's new CEO in the coming months ... visit our privacy center. Maintaining independence and editorial freedom is essential to our mission of empowering ...

China Vanke Co.’s chairman and chief executive officer are both stepping down in an abrupt move after the embattled developer ...

Vanke’s net debt/equity ratio has risen to over 60%, which stays above those of main state-owned peers in the sector. With additional equity raised and short-term loans repaid, the net gearing and ...

The state-owned subway operator is Vanke’s largest shareholder. The developments underscore the sense of alarm at the Shenzhen-based developer, which has taken center stage in China’s prolonged ...

The government in the Chinese city of Shenzhen has made 10 new management appointments at China Vanke , according to an ...

A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as ...

Xin Jie, the chairman of its major state-owned shareholder Shenzhen Metro, will become Vanke's chairman, signalling increased state oversight on expectations that the government would step in to ...

Vanke said in a filing with the Hong Kong stock exchange on Monday. The new chairman Xin Jie is also chairman of state-owned Shenzhen Metro Group, the developer’s largest shareholder.