Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion ...

State-backed Vanke has been trying to sell a number of assets, including its stakes in cold chain logistics firm VX, logistics platform GLP and property management unit Onewo , to ease liquidity ...

In later years, Yu dominated Vanke’s diversification into non-traditional businesses, including rental apartments and logistics, as China’s urbanization entered its later stage. The company was forced ...

CHINA VANKE (02202.HK), a leading Chinese developer facing huge debts, is in advanced talks to sell a controlling stake in VX Logistics to Singapore's sovereign wealth fund GIC, Reuters quoted ...

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 ...

China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion loss, a sign the property meltdown is still raging. By Alexandra ...

Jan 27 (Reuters) - Property developer China Vanke (000002.SZ), opens new tab said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns over the company's ...

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 ...

A China Vanke logo is seen at a gate of a construction site in Shanghai, China, on Mar 21, 2017. (Photo: REUTERS/Aly Song) 27 Jan 2025 05:56PM (Updated: 27 Jan 2025 07:41PM) ...

Chairman Yu Liang applied to resign due to “work adjustment reasons,” Vanke said in a filing to the Hong Kong stock exchange ...