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China Property Giant Vanke's CEO 'Taken Away' By Police
China Vanke CEO's reported detention deepens property sector concerns
The future of developer China Vanke and its $45 billion in debt were in focus on Friday after media reports alleged its CEO had been temporarily detained, deepening concerns about China's embattled property sector.
China Vanke's CEO Detained by Authorities, State Media Reports
HONG KONG (Reuters) -China Vanke CEO Zhu Jiusheng was detained by public security authorities on Wednesday and a Shenzhen government task force has stepped in to oversee the property developer's operation, state media The Economic Observer reported on Thursday.
China Property Giant Vanke's CEO 'Taken Away' By Police: Report
The head of one of China's biggest property firms has been "taken away" by police, state-backed media reported Thursday, as a prolonged housing slump continues to hit the world's second-largest economy.
8h
China developer Vanke’s fate in question as shares and bonds drop amid rumours
Vanke’s shares fell 3.29 per cent to HK$4.70 on Friday following media reports on Thursday evening that its president and CEO ...
1d
China Vanke has no plans to extend bonds amid market slump, REDD reports
Property developer China Vanke told some investors on Wednesday that it had no plans to extend its bonds amid a market ...
Nikkei Asia
16h
China Vanke shares sink amid speculation over top exec's whereabouts
HONG KONG -- Property developer China Vanke's shares fell sharply in Hong Kong and Shenzhen on Friday, as speculation swirled ...
Business Recorder
1h
China, HK stocks end the week higher on better economic data
China’s economy ended 2024 on better footing than expected, helped by a flurry of stimulus measures. The economy grew 5.4% in ...
9h
Hong Kong stocks trim gains on China GDP data while Vanke tumbles
China’s economy expanded by 5.4 per cent in the fourth quarter year on year, the National Bureau of Statistics said on Friday ...
9d
Vanke Bond Distress Deepens Ahead of $4.9 Billion Maturity Wall
China Vanke Co., one of the country’s largest property developers, is facing a record deluge of debt coming due as worries ...
1d
Vanke’s Bond Selloff Signals Growing Worries About Debt Payments
China Vanke Co., long considered a bellwether of the country’s property market, is facing a deepening bond selloff as worries ...
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