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Chinese property giant Vanke warns of huge loss, CEO resigns
Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons". Vanke has not confirmed Zhu's detention but said in a statement on Monday that he "has applied to
China Vanke's CEO, chairman resign amid growing liquidity worries
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as it faces several debt maturity deadlines this year.
China Vanke's top executives resign from property developer
Top executives at China Vanke Co., a leading property developer, have announced their resignations, according to a filing with the Hong Kong stock exchange on Monday.
2d
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 ...
8d
on MSN
Vanke woes to test limits of China's property sector revival efforts
By Clare Jim, Ziyi Tang, Kane Wu HONG KONG (Reuters) -After numerous measures to resolve a liquidity crisis in the property ...
1d
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 ...
3d
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 ...
China Economic Net
17h
Allure of Spring Festival and new visa policy attract foreign visitors to see the real China
China continued easing its visa policies in 2024 to boost openness and people-to-people exchange, allowing more foreign travelers and businesspeople to visit the country visa-free. Its latest move was ...
1d
Australia’s exports to China show signs of passing peak after exports fell 9 per cent in 2024
Statistics released by China’s General Administration of Customs and first published by The Australian reveal Australia’s ...
Leadership
2d
China Vanke Stock Rises After Leadership Shakeup, Raises Hope
China Vanke stock surged following a management reshuffle, raising hopes for government support, though liquidity concerns ...
Swissinfo
2d
Dollar Rises as Trump Vows ‘Much Bigger’ Tariffs: Markets Wrap
The dollar advanced after US President Donald Trump said he wanted “much bigger” universal tariffs. Most Asian shares fell as ...
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