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

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 ...

China Vanke stock surged following a management reshuffle, raising hopes for government support, though liquidity concerns persist amid the property slump.

By Clare Jim HONG KONG (Reuters) -A management reshuffle at China Vanke that reinforced government support sent the developer ...

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

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

Hong Kong-listed Vanke is part-owned by the government of Shenzhen and was China's fourth-largest real estate firm by sales last year, according to research firm CRIC. Chinese outlet the Economic ...

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China Vanke, another cash-strapped developer backed by the Shenzhen government, saw its CEO detained by the police last Thursday, according to state media reports. The developer faces US$4.9 ...

The Shenzhen-based developer's 81.6% stake in VX Logistics was worth about 27 billion yuan ($3.7 billion) in 2022, according to corporate registry records that then valued the whole company at $4.5 ...

The report was deleted within hours of its publication. Vanke, backed by state-owned shareholder Shenzhen Metro, declined to comment on the media report. All three global rating agencies have ...