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Hosted on MSN · 3d

Vanke Flags Record Loss as Top Executives Resign Amid Woes

Chairman Yu Liang applied to resign due to “work adjustment reasons,” Vanke said in a filing to the Hong Kong stock exchange on Monday. He will remain as a director of the com

China Vanke's CEO, chairman resign amid growing liquidity worries

Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns over the company's liquidity as it faces several debt maturity deadlines this year.

阿思達克財經網 · 3d

CHINA VANKE Parent SZMC Chair Succeeds as Chair of CHINA VANKE; Yu Liang Re-designated as VP

CHINA VANKE (02202.HK) announced that due to the significant forecasted loss for 2024, the Group is experiencing temporary liquidity difficulties. To effectively mitigate risks and earnestly safeguard the interests of house buyers,

btimesonline · 3d

China Vanke Faces $6.2 Billion Loss Amid Management Shakeup and State Oversight

China Vanke, once a pillar of stability in the country's turbulent property market, announced a projected net loss of $6.2 billion for 2024, marking the largest annual loss in the developer's history.

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 had been temporarily detained, deepening concerns about China's embattled property sector.

2don MSN

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 ...

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 ...

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