Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also ...
More than three years into China’s housing crisis, there is still no sign of its ending. Now, as private and locally-owned developers keep faltering, the sector is becoming more state-dominated. That ...
By Clare Jim, Ziyi Tang, Kane Wu HONG KONG (Reuters) -After numerous measures to resolve a liquidity crisis in the property ...
China Vanke Co. has been thrown a lifeline by state authorities, a rare show of support that signals the developer may be too ...
The head of one of China's biggest property firms has been "taken away" by police, state-backed media reported Thursday, as a prolonged housing slump continues to hit the world's second-largest ...
Embattled builder China Vanke, once the second-largest Chinese developer by sales, reshuffled its management while ...
Real estate developer says it expects $6.2bn annual loss and announces sudden resignation of chair and chief executive ...
China Vanke Co., the country’s largest privately held developer, might just be in that uneasy spot even as Beijing vows to stabilize housing prices in 2025. Vanke is facing a liquidity crunch.
China Vanke stock surged following a management reshuffle, raising hopes for government support, though liquidity concerns ...
China Vanke Co’s chairman and chief executive officer will both resign in an abrupt move after the embattled developer warned ...
China Vanke, once a pillar of stability in the country's turbulent property market, announced a projected net loss of $6.2 billion for 2024, marking the largest annual loss in the developer's history.
China Vanke Co has received a lifeline by state authorities, a rare show of support that signals the developer is too big to ...