Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also ...
China Vanke Co. has been thrown a lifeline by state authorities, a rare show of support that signals the developer may be too ...
By Clare Jim, Ziyi Tang, Kane Wu HONG KONG (Reuters) -After numerous measures to resolve a liquidity crisis in the property ...
Real estate developer says it expects $6.2bn annual loss and announces sudden resignation of chair and chief executive ...
Embattled builder China Vanke, once the second-largest Chinese developer by sales, reshuffled its management while ...
China Vanke stock surged following a management reshuffle, raising hopes for government support, though liquidity concerns ...
China's property sector is in turmoil as China Vanke's CEO, Zhu Jiusheng, has been detained. This has sparked fears of a ...
China Vanke Co’s chairman and chief executive officer will both resign in an abrupt move after the embattled developer warned ...
China Vanke, once a pillar of stability in the country's turbulent property market, announced a projected net loss of $6.2 billion for 2024, marking the largest annual loss in the developer's history.
Zhu Jiusheng, CEO of Vanke, was "taken away by public security authorities", the Economic Observer reported, citing sources.
China Vanke Co has received a lifeline by state authorities, a rare show of support that signals the developer is too big to ...