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 ...
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 ...
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 ...
Developer China Vanke Co., which has a record amount of debt coming due, told some creditors prior to turbulence in the company’s bonds and shares on Friday that it has prepared enough cash to ...
Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons". Beijing has in recent ...
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 ...