Moody's lowered its corporate family rating to 'Caa1' from 'B3'. Entities rated 'Caa' are judged to be speculative and are ...
In late January, China Vanke’s chairman Yu Liang and CEO Zhu Jiusheng stepped down after it forecast a record $6.2 billion net loss for 2024. The Shenzhen government has since tightened control ...
Earlier this year, China Vanke's chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024.
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 ...
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 ...
Property developer China Vanke on Monday said its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as it faces several debt maturity deadlines this year.
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 ...
Chinese outlet the Economic Reporter this month cited sources as saying that Zhu Jiusheng had been "taken away by public security authorities", but did not specify whether he had been formally ...
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