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China Vanke Co.’s first-quarter loss widened, underscoring the property developer’s challenges even after the government in ...
HONG KONG (Reuters) -Shares of China Vanke fell on Wednesday after the state-backed property developer posted steeper losses ...
The loss stemmed mainly from declines in home settlements and gross margins, Vanke said. Margins dropped to 6.1 per cent from ...
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 ...
Jacky Wong is a former Heard on the Street columnist covering business and markets in Asia. Previously, he was a Market Talk ...
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 ...
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 ...
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 ...
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 ...