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 ...

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 ...

HONG KONG, Jan 28 (Reuters) - A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as investors cheered the removal of near-term ...

The Shenzhen government is likely to bail out China Vanke, allowing the troubled mainland Chinese developer to overcome its liquidity problems, according to industry observers. Following the board ...

China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ($383 million) to help the struggling developer repay outstanding debt.

Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer. The company's stock gained as much as 14% to HK ...

(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 ...

China Vanke Co (萬科) chairman and chief executive officer would both resign in an abrupt move after the embattled developer warned of a record 45 billion yuan (US$6.2 billion) loss for last year.

File photo Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as it faces several debt maturity deadlines ...

As one of the primary developers in China focusing on middle-range to high-end properties, China Vanke experienced a more than-20% revenue CAGR from 2014-19 as the market boomed. Property ...