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 ...

Yu founded Will Semiconductor in 2007 and has made a name as a successful deal maker in China’s chip industry.

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 ...

China Vanke (CHVKF) has secured a 2.8 billion yuan ($383.12 million) loan from its major shareholder, state-owned Shenzhen ...

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 ...

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.

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 ...

The Shenzhen-based company said in a filing late Monday that it received the loan from Shenzhen Metro Group, which is a state-owned subway operator in one of the biggest cities in China. The loan was ...

Welcome to the latest edition of “Sector Spotlight,” where The Fly looks at a new industry every week and highlights its ...

China's leading technology entrepreneurs, including Huawei Technologies founder Ren Zhengfei and Xiaomi founder Lei Jun, ...

HONG KONG—One of China’s biggest property companies reported a multibillion-dollar loss and the resignation of its top executives, raising fears that even developers once regarded as among the ...