China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion loss, a sign the property meltdown is still raging. By Alexandra ...

Vanke said in a new filing on Monday it expected to record a 600 million yuan ($82.75 million) profit after transferring all of its income rights and equity rights in a Shenzhen skyscraper project ...