China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion ...
Chairman Yu Liang applied to resign due to “work adjustment reasons,” Vanke said in a filing to the Hong Kong stock exchange ...
Troubles at Vanke raise questions about the continued spread of the property crisis and whether the Chinese state will step ...
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 ...
Simply sign up to the Chinese business & finance myFT Digest -- delivered directly to your inbox. Leading Chinese property developer Vanke has forecast a $6.2bn annual loss and announced the ...
In 2017, he took the presidency role from founder Wang Shi (王石) after an ownership tussle that ended with a state entity becoming its biggest investor. In later years, Yu dominated Vanke’s ...
Jan 27 (Reuters) - Property developer China Vanke (000002.SZ), opens new tab said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns over the company's ...
SHANGHAI/HONG KONG, Jan 27 (Reuters) - China Vanke's (000002.SZ), opens new tab bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($ ...
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 ...