If a bail-out for Vanke is forthcoming, China’s leaders will have blinked. Although the rescue would be organised by local ...

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 ...

while Zhu Jiusheng resigned as the president and chief executive officer of the Company due to health reasons.

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 ...

Vanke, one of the best-known property company names in China and currently around a third owned by state-owned Shenzhen Metro, announced last month that Chairman Yu Liang and CEO Zhu Jiusheng have ...

It said chief executive Zhu Jiusheng had departed for 'health reasons'. The 'sudden and simultaneous' resignations were 'unprecedented in recent memory' for a big participant such as Vanke ...

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 ...

China Vanke [2202.HK]: Reports prelim FY24 (CNY) Net -45.0B v -16.9Be (vs. +12.2B y/y); CEO Zhu Jiusheng to resign [no replacement named]; Chairman to also resign. - Nikkei 225 opens -0.4% at 39,400.

In a separate filing on Monday, Vanke also said that Chairman Yu Liang and Chief Executive Zhu Jiusheng will resign. Yu's position is to be filled by Xin Jie, chair of state-owned Shenzhen Metro ...