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With the crisis in the sector entering its fifth year, concerns about the financial health of China Vanke pose fresh challenges for the authorities, who have so far avoided the moral hazard of bailing ...

Officials of Shenzhen, the southern metropolis where Vanke is based, held a closed-door meeting to discuss Vanke on Friday, said the people, asking not to be identified discussing a private matter.

Yichang, China - January 17, 2025 View of the Vanke Real Estate complex in Yichang, Hubei province, China, January 17, 2025. The Best Movies of All Time UK's biggest 'dinosaur highway' footprint ...

HONG KONG -- Property developer China Vanke was hit by falling share prices and a credit rating downgrade on Friday, as speculation swirled over the status of its President and CEO Zhu Jiusheng.

Shares in developer China Vanke fell and rumours swirled about its CEO’s whereabouts on Friday, as the company’s debts led analysts to discuss a government rescue of the country’s largest ...

HONG KONG (Reuters) – Concern over China’s embattled property sector has deepened after state media reported the detention of China Vanke’s chief executive and said authorities are overseeing ...

Zhu Jiusheng, CEO of Vanke, was "taken away by public security authorities", the Economic Observer reported, citing sources. Hong Kong-listed Vanke, which is part-owned by the government of Shenzhen, ...

HONG KONG (Reuters) – The Hong Kong-listed shares of property developer China Vanke were set to fall 8.4% on Friday after state media reported that Chief Executive Zhu Jiusheng was detained by Chinese ...

Shares of property developer China Vanke were expected to fall 8.4% on Friday, following reports that its Chief Executive, Zhu Jiusheng, was detained by Chinese public security authorities. The ...