Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan (US$383.12 ...
China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ...
Shenzhen Metro Group, which holds a 27.2 per cent stake, signed a three-year agreement with Vanke to provide secured loans of ...
The Shenzhen-based company said in a filing late Monday that it received the loan from Shenzhen Metro Group, which is a state-owned subway operator in one of the biggest cities in China. The loan was ...
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over the company's liquidity ...
Ratings agency Moody's downgraded China Vanke further on Tuesday and maintained its negative outlook on the embattled ...
Property developer China Vanke on Monday said its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as ...
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. A Shenzhen ...
Evergrande's founder was later detained and the developer was subsequently ordered to be liquidated by a Hong Kong court. "Vanke is too important to the real estate industry ... if it defaults it ...
Embattled builder China Vanke, once the second-largest Chinese developer by sales, reshuffled its management while ...
Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 ...
HONG KONG (Reuters) -After numerous measures to resolve ... concerns about the financial health of China Vanke pose fresh challenges for the authorities, who have so far avoided the moral hazard ...