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 ...
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 ...
HONG KONG, Jan 17 (Reuters) - The future of developer China Vanke (000002.SZ), opens new tab and its $45 billion in debt were in focus on Friday after media reports alleged its CEO had been ...
SHANGHAI/HONG KONG, Jan 27 (Reuters) - China Vanke's (000002.SZ), opens new tab bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($ ...
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 ...
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 ...
She is a CFA charterholder. With about $5 billion in debt coming due this year, time is running out for China Vanke Co., the country’s largest privately-held real estate developer. Vanke has no ...
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 ...
Fitch Ratings downgraded some of developer China Vanke’s bonds deeper into junk territory, adding to the list of challenges that the embattled company faces, with US$4.9 billion in debt maturing ...
File photo Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as it faces several debt maturity deadlines ...