A rare, high-profile takeover battle is brewing in China, involving China Vanke, one of the country’s best-known companies and the world’s biggest property developer by sales. Photo: Reuters ...
Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to "health reasons", after state-backed media reported he had been taken away by authorities. The company also ...
Feb 12 (Reuters) - Chinese authorities are considering a plan to assist China Vanke (000002.SZ), opens new tab in covering a funding shortfall of about 50 billion yuan ($6.84 billion) this year ...
Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 billion) this year, according to people familiar with the matter ...
China Vanke Co. received another round of financial support from authorities, with its largest state shareholder planning to offer up to 4.2 billion yuan ($579 million) to help the distressed ...
That was a reversal after an 8.6% jump Wednesday, the biggest in four months, which was sparked by news that authorities were working on a proposal to help government-backed China Vanke Co. plug a ...