Ratings agency Moody's downgraded China Vanke further on Tuesday and maintained its negative outlook on the embattled property developer that is grappling with a liquidity crisis and sluggish sales ...

Advt 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 ...

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 ...

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 ...

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

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.

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 ...

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 ...