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China Vanke sells land once earmarked for new HQ at a huge loss as embattled developer fights to reduce debt mountainChina Evergrande, the world's most indebted developer, was ordered by a Hong Kong court to liquidate in January, while Country Garden and Shimao were forced to restructure their debts. Vanke had 1 ...
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Chinese property giant Vanke warns of huge loss, CEO resignsIndebted Chinese property giant Vanke said Monday that its CEO had resigned due to "health reasons", after state-backed media reported he had been taken away by authorities. The company also ...
Vanke’s bonds soared as investors bet that the embattled developer will avoid the fate of China Evergrande Group and Country Garden Holdings Co. that defaulted in recent years with little help ...
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