China Vanke stock surged following a management reshuffle, raising hopes for government support, though liquidity concerns ...
China Vanke Co.’s chairman and chief executive officer are both stepping down in an abrupt move after the embattled developer warned of a record 45 billion yuan ($6.2 billion) loss for 2024.
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record ...
Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion ...