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SHENZHEN: China Vanke Co has received a lifeline by state authorities, a rare show of support that signals the developer is too big to fail even as dozens of property firms default amid China’s ...
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 ...
China Vanke’s first-quarter loss widened, underscoring the property developer’s challenges even after the government in its hometown of Shenzhen stepped in to take control of operations.
HONG KONG, April 30 (Reuters) - Shares of China Vanke fell on Wednesday after the state-backed property developer posted steeper losses in the first quarter and approved a plan to sell A-shares ...
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