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 ...

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 ...

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 ...

Vanke's Hong Kong-listed shares closed up 2.1% on Tuesday, after opening 8.7% higher, while the Hang Seng Mainland Properties Index slipped 0.5%. China's stock markets were closed on Tuesday for ...

SHANGHAI/HONG KONG, Jan 27 (Reuters) - China Vanke's (000002.SZ), opens new tab bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($ ...

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 ...

Property developer China Vanke said on Monday (Jan 27) its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as it faces several debt maturity ...

SINGAPORE, Jan 23 (Reuters) - Indebted property developer China Vanke Co Ltd (000002.SZ), opens new tab is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign ...

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) -A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as investors cheered the removal of near-term default risks ...

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 ...

China Vanke Co (萬科) chairman and chief executive officer would both resign in an abrupt move after the embattled developer warned of a record 45 billion yuan (US$6.2 billion) loss for last year.