Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling ...

Vanke, a major Chinese property developer, reported a substantial $6.8 billion loss in 2024 due to falling sales and ...

Chinese shares ended lower, weighed by home appliances, consumer products and hardware stocks. Investors are digesting the ...

New home transactions at China's 100 largest property developers dropped 11.4% to 317.57 billion yuan from a year earlier, or about $43.76 billion, according to data released by China Real Estate ...

Beijing has in recent years grappled with a prolonged crisis in the country’s vast real estate sector, once a key pillar of the economy but now beset with sprawling debt. Hong Kong-listed Vanke ...

Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling sales and shrinking profit margins despite Beijing's attempts to revive ...