Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan on March 31, citing falling sales and ...

China Vanke saw a 26% year-on-year revenue decline ... It reiterated goals of boosting contracted sales, repaying debt, and enhancing its liquidity profile in the next few years.

The world’s second-largest economy has yet to find a floor for its slumping property market, as new-home sales resumed their ...

once a key pillar of the economy but now beset with sprawling debt. Hong Kong-listed Vanke is part-owned by the government of Shenzhen and was China's fourth-largest real estate firm by sales last ...

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.

(Bloomberg) — China Vanke Co. likely saw a record 45 billion yuan ($6.2 billion ... in 2024 as the defaulted property giant seeks to build creditor support for its debt restructuring plan. It made ...