Its Hong Kong-listed shares were up around 6% as of 0149 GMT, after opening 8.7% higher. China's stock market is closed on Tuesday for the Lunar New Year holiday. Worries over Vanke's liquidity ...
Asian equities were largely lower despite a weaker U.S. dollar overnight, as Japan outperformed and India underperformed.
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 ...
HONG KONG: Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan (US$383.12 million) loan, in a sign the government is stepping up efforts ...
HONG KONG, Jan 28 (Reuters) - A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as investors cheered the removal of near-term ...
HONG KONG -- China Vanke Group on Monday announced the resignations of its top two executives, with immediate effect, as the property developer warned of steep losses for last year. In the latest ...
Shenzhen Metro Group is the Chinese property giant's largest shareholder with the move coming after Vanke said it could make ...
Yu Liang resigned as chairman due to "work adjustment reasons", but would remain with the company as a director, Vanke said in a filing with the Hong Kong stock exchange on Monday. The new ...
Vanke's Hong Kong-listed shares closed up 2.1% on Tuesday, after opening 8.7% higher, while the Hang Seng Mainland Properties Index slipped 0.5%. China's stock markets were closed on Tuesday for ...
HONG KONG (Reuters) -Property developer China Vanke's Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its ...