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China Vanke Shares Jump
China Vanke's Hong Kong shares climb after reshuffle of top management
Property developer China Vanke's Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its liquidity risks. State-backed China Vanke said on Monday that Chairman Yu Liang and CEO Zhu Jiusheng have stepped down,
China Vanke shares sink amid speculation over top exec's whereabouts
HONG KONG -- Property developer China Vanke's shares fell sharply in Hong Kong and Shenzhen on Friday, as speculation swirled over the status of its President and CEO Zhu Jiusheng.
China Vanke Shares Jump as Management Reshuffle Raises Government Bailout Hopes
Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer. The company's stock gained as much as 14% to HK$6.43 in early trade in Hong Kong on Tuesday,
China Vanke's shares jump on fresh state support, management reshuffle
A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as investors cheered the removal of near-term default risks and hoped it would bring some stability to the struggling property sector.
China Vanke’s management reshuffle signals bailout for troubled developer, analysts say
Support for Vanke could see banks extend loans, reduce discounts on asset sales and boost homebuyers’ confidence, CGS’ Raymond Cheng says.
3d
Another Chinese Builder Is Facing a Cash Crisis
China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion ...
3d
on MSN
China Vanke's CEO, chairman resign as $6.2 billion forecast loss deepens concerns
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record ...
香港電台網站
3d
China Vanke issues profit warning, CEO resigns
Property developer China Vanke on Monday said its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the ...
Nikkei Asia
3d
China Vanke's top executives step down as $6.2bn net loss looms
In the latest sign of lingering pains in China's real estate sector, Chairman Yu Liang and President and CEO Zhu Jiusheng both stepped aside due to personal reasons, the company said in filings to the ...
13d
China Vanke CEO's reported detention deepens property sector concerns
The future of developer China Vanke and its $45 billion in debt were in focus on Friday after media reports alleged its CEO ...
Opinion
4h
Opinion
Hong Kong Responds to Mike Pence
It is despicable that a foreign politician would try to challenge our rule of law and undermine our national security.
2d
China Market Update: Year Of The Dragon Slayed The Bears
It was a quiet night as DeepSeek was by far the topic du jour in the region, though Mainland China (closed until next ...
FinanceAsia
2d
China property giant Vanke expects to lose Rmb45bn in 2024
The CEO and chairman have stepped down as the company looks to solve "temporary liquidity difficulties", in part through the ...
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