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.

Indebted Chinese property developer Vanke warned Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed.

Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to "health reasons", after state-backed media reported he had been taken away by authorities.

Vanke, one of the top property developers in China, is preparing for a record net loss of $6.2 billion in 2024. The company's ...

New chairman’s state-linked background sends positive signals, but company’s fate still depends on a sales recovery, an ...

China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion ...

Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record ...

In the latest sign of lingering pains in China's real estate sector, Chairman Yu Liang and President and CEO Zhu Jiusheng both stepped aside due to personal reasons, the company said in filings to the ...

China Vanke Co.’s chairman and chief executive officer are both stepping down in an abrupt move after the embattled developer ...

The Reserve Bank of India said on Monday it has superseded the board of Aviom India Housing Finance due to governance ...

Property developer China Vanke on Monday said its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the ...

Xin Jie, the chairman of its major state-owned shareholder Shenzhen Metro, will become Vanke's chairman, signalling increased ...