As China enters the Year of the Snake, investors are hoping the economy and Chinese stock market can shed some of their ...

China Vanke, once a pillar of stability in the country's turbulent property market, announced a projected net loss of $6.2 billion for 2024, marking the largest annual loss in the developer's history.

Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also ...

LambdaTest, a leading cloud-based unified testing platform, has enhanced its SmartUI Visual AI Engine to transform visual testing further and improve digital experiences. With these enhancements ...

After numerous measures to resolve a liquidity crisis in the property market in recent years, Beijing is expected to end up ...

Beijing has yet to signal its stance toward the developer. It’s also unclear what the government’s increased involvement means for the firm’s debt payments. Trading in three of Vanke’s ...

Officials of Shenzhen, the southern metropolis where Vanke is based, held a closed-door meeting to discuss Vanke on Friday, said the people, asking not to be identified discussing a private matter.

Speculation about China Vanke’s ability to manage its US$4.9 ... The Greater Bay Area refers to Beijing’s initiative to integrate Hong Kong, Macau, and nine cities in Guangdong province ...

Vanke had long been viewed as insulated from the broader property ... ($1=7.7881 Hong Kong dollars) (Reporting by Donny Kwok and Clare Jim; Additional reporting by Larissa Liao in Beijing and Gu Li in ...

HONG KONG -- Property developer China Vanke was hit by falling share prices and a credit rating downgrade on Friday, as speculation swirled over the status of its President and CEO Zhu Jiusheng.

Representative image BEIJING: The head of one of China's biggest property firms ... as a prolonged housing slump continues to hit the world's second-largest economy. Zhu Jiusheng, CEO of Vanke, was ...