Advt In late January, China Vanke's chairman Yu Liang and CEO Zhu Jiusheng stepped down after it forecast a record $6.2 billion net loss for 2024. The Shenzhen government has since tightened control ...

(Bloomberg) -- Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 billion) this year, according to people familiar with the ...

Ratings agency Moody's downgraded China Vanke further on Tuesday and maintained its negative outlook on the embattled property developer that is grappling with a liquidity crisis and sluggish sales ...

In late January, China Vanke's chairman Yu Liang and CEO Zhu Jiusheng stepped down after it forecast a record $6.2 billion net loss for 2024. The Shenzhen government has since tightened control ...

Earlier this year, China Vanke's chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024.

while Zhu Jiusheng resigned as the president and chief executive officer of the Company due to health reasons.

Vanke, one of the best-known property company names in China and currently around a third owned by state-owned Shenzhen Metro, announced last month that Chairman Yu Liang and CEO Zhu Jiusheng have ...