China Vanke 000002-0.30%decrease; red down pointing triangle expects to report a loss in the first half as the continuing crisis in the country’s real-estate sector continues to weigh on ...

Vanke’s shares have fallen 25% this year to their lowest level since last October. Its chairman, Yu Liang, said all players in Chinese real estate were under “unprecedented pressure.” ...

Vanke’s shares have fallen 25% this year to their lowest level since last October. Its chairman, Yu Liang, said all players in Chinese real estate were under “unprecedented pressure.” ...

China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ($383 million) to help the struggling developer repay outstanding debt.

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 ...

China Vanke Co. posted a record 49.5 billion yuan ($6.8 billion) loss last year, underscoring why the developer’s hometown of Shenzhen has stepped in to take control of operations.

China Vanke’s earnings could remain strained for some time amid the downturn of the Chinese real-estate market, which the developer said led to a sharp drop in net profit last year.

China Vanke CEO Zhu Jiusheng was detained by public security authorities on Wednesday and a Shenzhen government task force has stepped in to oversee the property developer's operation, state media ...

A legal dispute between partners RFR Holding and Vanke US over their luxury residential condominium development at 100 East 53rd Street in Midtown is intensifying.. In response to a lawsuit filed by ...

Previously Vanke held 49% in the project while the state-owned company held 51%. Yu was Vanke's president from 2001 to 2018, before becoming chairman from 2017. Zhu joined Vanke in 2012 and became ...

HONG KONG (Reuters) -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 ...