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 ...
China Vanke bonds jump after plan to redeem early $138 million onshore notes
China Vanke's bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion ...
香港電台網站4d
China Vanke issues profit warning, CEO resigns
Property developer China Vanke on Monday said its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the ...
Nikkei Asia4d
China Vanke's top executives step down as $6.2bn net loss looms
In the latest sign of lingering pains in China's real estate sector, Chairman Yu Liang and President and CEO Zhu Jiusheng both stepped aside due to personal reasons, the company said in filings to the ...
China Vanke's Hong Kong shares drop 8% after report of CEO detention
HONG KONG - The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive. Read more at ...
Vanke's No. 1 investor installs chairman in ailing developer to guide its way out of debt
Embattled builder China Vanke, once the second-largest Chinese developer by sales, reshuffled its management while ...
FinanceAsia3d
China property giant Vanke expects to lose Rmb45bn in 2024
The CEO and chairman have stepped down as the company looks to solve "temporary liquidity difficulties", in part through the ...
Vanke’s woes reignite fears for China’s property sector
Real estate developer says it expects $6.2bn annual loss and announces sudden resignation of chair and chief executive ...
China Vanke flags record loss as chairman, CEO resign amid woes
China Vanke Co’s chairman and chief executive officer will both resign in an abrupt move after the embattled developer warned ...