China Vanke's Hong Kong shares climb

China Vanke's Hong Kong shares climb after reshuffle of top management
Vanke’s No. 1 investor installs chairman in ailing developer to guide its way out of debt
China Vanke Shares Jump as Management Reshuffle Raises Government Bailout Hopes
Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer.
China Vanke's CEO, chairman resign as $6.2 billion forecast loss deepens concerns
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over the company's liquidity deepen.
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.
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China Vanke issues profit warning, CEO resigns
Property developer China Vanke on Monday said its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as
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Another Chinese Builder Is Facing a Cash Crisis
By Alexandra Stevenson Reporting from Hong Kong China Vanke, one of China’s largest property developers, said on Monday that its top executives were stepping down and warned of a $6.2 billion ...
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China Vanke's top executives step down as $6.2bn net loss looms
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 stock exchanges in Hong Kong and Shenzhen.
China Vanke bonds jump after plan to redeem early $138 million onshore notes
China Vanke's bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($137.68 million) early in March.
Vanke Flags Record Loss as Top Executives Resign Amid Woes
China Vanke Co.’s chairman and chief executive officer are both stepping down in an abrupt move after the embattled developer warned of a record 45 billion yuan ($6.2 billion) loss for 2024.
Chinese property giant Vanke warns of huge loss, CEO resigns
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
Hong Kong central bank keeps base rate unchanged as Fed holds steady
The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady.
Year of the Snake: Hong Kong banks offer lai see, hampers, Asia Miles to returning workers
Companies have traditionally given staffers lai see packets on the first working day of the Lunar New Year As Hong Kong's workers return to their desks on Monday after a long holiday break, many large banks and financial firms are offering them millions of dollars in lai see,
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Hong Kong healthcare and hospitals
Experts confident history will not repeat itself if another pandemic strikes but say more must be done to strengthen public confidence and healthcare services.