China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion ...
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record ...
China Vanke Co.’s chairman and chief executive officer are both stepping down in an abrupt move after the embattled developer ...
Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion ...
Thailand's economy is expected to grow between 3% and 3.5% this year, driven by stimulus measures and strong foreign ...
New chairman’s state-linked background sends positive signals, but company’s fate still depends on a sales recovery, an ...
Xin Jie, the chairman of its major state-owned shareholder Shenzhen Metro, will become Vanke's chairman, signalling increased ...
China Vanke faces turmoil as Chairman Yu Liang and CEO Zhu Jiusheng resign amidst a projected $6.2 billion loss for 2024, its ...
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.
Vanke, one of the top property developers in China, is preparing for a record net loss of $6.2 billion in 2024. The company's ...
Indebted 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.
Indebted Chinese property developer Vanke warned Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed.