Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 ...

China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ...

Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 ...

Vanke has not confirmed Zhu's detention but said in a statement on Monday that he "has applied to resign... owing to health reasons". Zhu "will no longer hold any position within the company", the ...

Previously Vanke held 49% in the project while the state-owned company held 51%. Yu was Vanke's president from 2001 to 2018, before becoming chairman from 2017. Zhu joined Vanke in 2012 and became ...

Vanke has been in the spotlight since the start of the year, as it faces a wall of debt repayments. The company’s home sales have been tanking, despite a flurry of support for the property ...

The sector, which accounted for around a quarter of the economy at its peak, has been mired in a debt crisis since 2021, resulting in corporate defaults and uncompleted homes. Vanke is facing a ...