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 ...

Ratings agency Moody's downgraded China Vanke further on Tuesday and maintained its negative outlook on the embattled ...

HONG KONG, Jan 16 (Reuters) - 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 ...

The government in the Chinese city of Shenzhen has made 10 new management appointments at China Vanke , according to an ...

By Clare Jim 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 ...

Vanke CEO Zhu Jiusheng was detained on Wednesday, The Economic Observer reported on Thursday without detailing the reasons for the move. It said Vanke could be subject to a government takeover and ...

Zhu Jiusheng, the chief executive, would resign “due to health reasons,” the company said. The changes mark an effort by the local government to take greater control of the management of Vanke.

Chief Executive Officer Zhu Jiusheng earlier answered a call from a local reporter at media outlet Cailian, several hours after the Economic Observer reported he had been taken away by police.

Zhu Jiusheng, CEO of Vanke, was "taken away by public security authorities", the Economic Observer reported, citing sources. Hong Kong-listed Vanke, which is part-owned by the government of Shenzhen, ...

The Shenzhen Municipal Government held a closed-door meeting last Friday (17th) on the situation of CHINA VANKE (02202.HK), at which it emphasized the need to maintain CHINA VANKE's stable operation, ...

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 the ...