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

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

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

CHINA VANKE (02202.HK) made significant changes to the management of different departments at its headquarters, replacing the ...

China Vanke stock surged following a management reshuffle, raising hopes for government support, though liquidity concerns persist amid the property slump.

Asia market update: Trump continues to comment on tariffs, USD gains; Quiet session for Nasdaq FUTs after prior rout; CN Lunar New Year holiday in focus; Big Aussie CPI data due on Wed. - Trump ...

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 also revealed a sweeping management reshuffle, with Chairman Yu Liang and CEO Zhu Jiusheng stepping down. The shakeup comes as the embattled developer grapples with mounting debt, falling ...

announced on Monday that Chairman Yu Liang and CEO Zhu Jiusheng have stepped down, as it forecast a record $6.2 billion net loss for 2024. Xin Jie, the chairman of Shenzhen Metro, will become ...

Chief executive officer Zhu Jiusheng (祝九勝) is also stepping down, citing “health reasons.” He would no longer hold any positions at the company. Shenzhen Metro Group Co (深圳市地鐵集團) chairman Xin Jie (辛杰) ...

State-backed China Vanke said on Monday that Chairman Yu Liang and CEO Zhu Jiusheng have stepped down, as it forecast a record $6.2 billion net loss for 2024. Xin Jie, the chairman of its major ...