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 ...
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 ...
Vanke warned Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed. Vanke said it expected a net loss of approximately 45 billion yuan (US$6.2 billion ...
Embattled builder China Vanke, once the second-largest Chinese developer by sales, reshuffled its management while forecasting a record US$6.2 billion net loss for 2024 as it struggles to get out ...
Shenzhen Metro Group is the Chinese property giant's largest shareholder with the move coming after Vanke said it could make ...
Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed.
Shares of China Vanke jumped after key management changes ... The company's stock gained as much as 14% to HK$6.43 in early trade in Hong Kong on Tuesday, and was last 3.7% higher.