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

Cash-strapped developer China Vanke is putting more of its fringe ... zone where the Shenzhen government has planned to build a skyscraper with offices, hotels and shopping malls.

March 31 (Reuters) - Chinese property developer Vanke's (000002.SZ), opens new tab residential property management unit Onewo (2602.HK), opens new tab said on Monday it will take full ownership of ...

The world’s second-largest economy has yet to find a floor for its slumping property market, as new-home sales resumed their decline and China Vanke Co. reported a record loss. After a brief ...

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 ...

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 ...

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 ...

HONG KONG: The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive. A Shenzhen ...

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. The result ...