(Bloomberg) — China Vanke Co. likely saw a record 45 billion yuan ($6.2 billion) net loss in 2024, as the Chinese property sector begins to see signs of recovery. A string of recent profit warnings ...

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 — 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 ...

(Bloomberg) -- China Vanke Co. posted a record 49.5 billion yuan ($6.8 billion) loss last year, underscoring why the developer’s hometown of Shenzhen has stepped in to take control of operations.

Elon Musk on Saturday defended the White House DOGE Office, arguing that the task force is "extremely transparent." Musk has faced a growing backlash over his work to reshape the federal government.

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 ...

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 ...

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