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Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling sales and shrinking profit margins despite Beijing's attempts to revive ...
Cash-strapped developer China Vanke is putting more of its fringe assets up for sale to stave off a liquidity crisis and pare US$147 billion of liabilities, after a multi-year slump in home sales ...
Vanke unit Onewo to buy remaining stake in Shanghai Xiangda for $120 million Chinese property developer Vanke's residential property management unit Onewo said on Monday it will take full ...
Vanke said 2024 was an "exceptionally challenging year" in a filing to the Hong Kong stock exchange and apologised for "distress caused... due to the significant decline in sales, substantial losses ...
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