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China Vanke Co.’s first-quarter loss widened, underscoring the property developer’s challenges even after the government in ...
The loss stemmed mainly from declines in home settlements and gross margins, Vanke said. Margins dropped to 6.1 per cent from ...
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 ...
Vanke's Hong Kong-listed shares dropped as much as 2.9 percent in early trading, while shares listed in Shenzhen eased 2.6 percent. Vanke, one of China's leading property developers, launched a senior ...
Chinese shares ended mixed as investors digested the latest messages from the country's Politburo meeting. The Shanghai ...
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 ...
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 swung to a net loss in 2024 and warned of intensifying financial pressure ahead as the developer continues to feel the strain of China's years-long property crisis. The Shenzhen-based ...
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