Vanke Flags Record Loss as Top Executives Resign Amid Woes
Chairman Yu Liang applied to resign due to “work adjustment reasons,” Vanke said in a filing to the Hong Kong stock exchange ...
Rare China support shows Vanke may be too big to fail
China Vanke Co. has been thrown a lifeline by state authorities, a rare show of support that signals the developer may be too ...
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Chinese property giant Vanke forecasts $6.2B loss, top leaders resign
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 ...
China Vanke's CEO, chairman resign as $6.2 billion forecast loss deepens concerns
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record ...
China Steps Up Vanke Intervention as Developer Woes Deepen
Chinese officials are taking steps to stabilize operations at China Vanke Co. after deepening liquidity stress and questions ...
Rare China support shows developer Vanke may be too big to fail
China Vanke Co has received a lifeline by state authorities, a rare show of support that signals the developer is too big to ...
China Vanke's CEO detained by authorities, state media reports
China Vanke CEO Zhu Jiusheng was detained by public security authorities on Wednesday and a Shenzhen government task force has stepped in to oversee the property developer's operation, state media The ...
Vanke Is Said to Have Prepared Cash for Yuan Bond Payment
Developer China Vanke Co., which has a record amount of debt coming due, told some creditors prior to turbulence in the ...
Another Chinese Builder Is Facing a Cash Crisis
China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion ...