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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 ...
Chinese shares ended mixed as investors digested the latest messages from the country's Politburo meeting. The Shanghai ...
As one of the primary developers in China focusing on middle-range to high-end properties, China Vanke experienced a more than-20% revenue CAGR from 2014-19 as the market boomed. Property ...
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 ...
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 ...
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 ...