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 ...

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 ...

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 ...

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 ...

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 ...

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 ...