Property developer China Vanke said on Monday (Jan 27) its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns ...

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

Property developer China Vanke Co., which warned of a record $6.2 billion loss, has been thrown a lifeline by the government.

A local media outlet Economic Observer reported that the top executive Zhu Jiusheng had been taken away by police, and the Shenzhen government sent a working group to intervene in Vanke as the ...

Vanke has no effective management at the top. State-owned Shenzhen Metro Group Co., its largest shareholder, held only a 27% stake as of last September, making it arguably a passive investor.

Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record ...

Jan 20 (Reuters) - Rating agencies Fitch and S&P Global downgraded property developer China Vanke (000002.SZ), opens new tab on Monday, as the company sinks further into a liquidity crunch within ...

HONG KONG, Jan 17 (Reuters) - The future of developer China Vanke (000002.SZ), opens new tab ... taken away' or the stepping-in of a working group may sound negative at first glance, but we ...

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 ...

SINGAPORE (Reuters) - Indebted property developer China Vanke Co Ltd is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth fund GIC, a person with ...

A local media outlet Economic Observer reported that the top executive Zhu Jiusheng had been taken away by police, and the Shenzhen government sent a working group to intervene in Vanke as the ...