Chinese outlet the Economic Reporter this month cited sources as saying that CEO Zhu Jiusheng had been "taken away by public security authorities", but did not specify whether he had been formally ...

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 ...

In addition to Liang, Chief Executive Officer Zhu Jiusheng is also stepping down. Jiusheng cited "health reasons" for his decision. Unlike Liang, Jiusheng will not retain any positions within 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 ...

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

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 ...

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 ...