scmp.com2d
Vanke’s No. 1 investor installs chairman in ailing developer to guide its way out of debt
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 ...
The New York Times3d
Another Chinese Builder Is Facing a Cash Crisis
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 ...
The Financial Times3d
Vanke’s woes reignite fears for China’s property sector
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 ...
Yahoo Finance2d
China Vanke's CEO, chairman resign as $6.2 billion forecast loss deepens concerns
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 ...
Reuters2d
China Vanke bonds jump after plan to redeem early $138 million onshore notes
SHANGHAI/HONG KONG, Jan 27 (Reuters) - China Vanke's (000002.SZ), opens new tab bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($ ...
Reuters2d
China Vanke's CEO, chairman resign amid growing liquidity worries
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 ...