Property developer China Vanke Co., which warned of a record $6.2 billion loss, has been thrown a lifeline by the government.
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 said on Monday (Jan 27) its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns ...
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record ...
The China stock market has finished higher in two straight sessions, improving almost 40 points or 1.2 percent along the way. The ...
The China stock market has tracked lower in consecutive trading days, surrendering more than 30 points or 1 percent along the way.
(Reuters) -Property developer China Vanke told some investors on Wednesday that it had no plans to extend the maturity dates of its bonds amid a market sell-off, financial news outlet REDD reported, ...
The latest concern has centered around two builders facing a wall of maturing debt this year: China Vanke, a prominent developer that so far has avoided default and Sunac China Holdings, which ...
In a bold move that reflect its ambition to become a comprehensive “everything app,” X, formerly known as Twitter, has announced plans to launch two new services in 2025—X TV, a streaming platform, ...