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China Vanke Shares Jump

China Vanke's Hong Kong shares climb after reshuffle of top management

Property developer China Vanke's Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its liquidity risks. State-backed China Vanke said on Monday that Chairman Yu Liang and CEO Zhu Jiusheng have stepped down,

MarketWatch · 2d

China Vanke Shares Jump as Management Reshuffle Raises Government Bailout Hopes

Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer.

scmp.com · 2d

China Vanke’s management reshuffle signals bailout for troubled developer, analysts say

Support for Vanke could see banks extend loans, reduce discounts on asset sales and boost homebuyers’ confidence, CGS’ Raymond Cheng says.

Reuters on MSN · 2d

China Vanke's shares jump on fresh state support, management reshuffle

By Clare Jim HONG KONG (Reuters) -A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as investors cheered the removal of near-term default risks and hoped it would bring some stability to the struggling property sector.

Another Chinese Builder Is Facing a Cash Crisis

China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion ...

13d

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 ...

香港電台網站3d

China Vanke issues profit warning, CEO resigns

Property developer China Vanke on Monday said its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the ...

Vanke's No. 1 investor installs chairman in ailing developer to guide its way out of debt

Embattled builder China Vanke, once the second-largest Chinese developer by sales, reshuffled its management while ...

Nikkei Asia3d

China Vanke's top executives step down as $6.2bn net loss looms

In the latest sign of lingering pains in China's real estate sector, Chairman Yu Liang and President and CEO Zhu Jiusheng both stepped aside due to personal reasons, the company said in filings to the ...

China Vanke bonds jump after plan to redeem early $138 million onshore notes

China Vanke's bonds gained on Monday after the state-backed developer said it would redeem its 2027 notes worth 1 billion yuan ($137.68 million) early in March.

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