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 ...
China Vanke Co. received another round of financial support from authorities, with its largest state shareholder planning to offer up to 4.2 billion yuan ($579 million) to help the distressed ...
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 ...
Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 billion) this year, according to people familiar with the matter ...
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 ...
SHANGHAI/HONG KONG (Reuters) - China Vanke's bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($137.68 million) early in March.
HONG KONG, Jan 27 (Reuters) - Property developer China Vanke (000002.SZ), opens new tab said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion ...
Vanke said Monday its CEO had resigned "for health reasons" - Copyright AFP STR Vanke said Monday its CEO had resigned "for health reasons" - Copyright AFP STR ...
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