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 liquidity ...

The government in the Chinese city of Shenzhen has made 10 new management appointments at China Vanke , according to an internal document seen by Reuters, in another move to tighten control over the ...

(Reuters) -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 ...

Moody's lowered its corporate family rating to 'Caa1' from 'B3'. Entities rated 'Caa' are judged to be speculative and are ...

Chairman Yu Liang applied to resign due to “work adjustment reasons,” but will remain as a director of the company, Vanke said in a filing to the Hong Kong stock exchange on Monday.

The news boosted prices of Vanke’s bonds. Yu Liang resigned as chairman due to “work adjustment reasons”, but would remain with the company as a director, Vanke said in a filing with the ...

In a filing in Hong Kong, Vanke said that its chairman, Yu Liang, would leave his post for “work adjustment reasons.” Zhu Jiusheng, the chief executive, would resign “due to health reasons ...

From Monet and Van Gogh to Picasso and Matisse, masterpieces of this genre highlight its continued influence on the Asian art scene, Zhang Kun reports.

China Vanke faces turmoil as Chairman Yu Liang and CEO Zhu Jiusheng resign amidst a projected $6.2 billion loss for 2024, its first annual loss since 1991. Leadership transitions and financial ...

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 ...