CHINA VANKE Transfers 49% of Mangrove Bay Project's Income Rights, Mgmt Firm Stake to Shenzhen Metro Group, Involving ...
A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as ...
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the ...
Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion ...
Vanke’s new chairman will be Xin Jie, the head of its biggest shareholder, an entity owned by the government of Shenzhen, where the developer is based. Vanke will also get three new executives ...
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record ...
Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer.
(Bloomberg) -- China Vanke Co. has been thrown a lifeline by state authorities, a rare show of support that signals the developer may be too big to fail even after dozens of property firms defaulted ...
Xin Jie, the chairman of its major state-owned shareholder Shenzhen Metro, will become Vanke's chairman, signalling increased state oversight on expectations that the government would step in to ...
Analysts cautioned, however, that it remained to be seen to what extent the local government of Shenzhen is planning to help Vanke ease its financial stress, and said if its liquidity problems ...