China Vanke's CEO detained by authorities, state media reports
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 Vanke's Turmoil: CEO Detention Rattles Real Estate Market
China's property sector is in turmoil as China Vanke's CEO, Zhu Jiusheng, has been detained. This has sparked fears of a government takeover, sending the company's shares plummeting. The incident is part of wider concerns about debt in China's real estate market,
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 ...
China Vanke Co (萬科) rebounded from record lows in credit markets, as people familiar with the matter said the distressed ...
(Bloomberg) -- China Vanke Co. rebounded from record lows in credit markets, as people familiar with the matter said the distressed developer had previously told some creditors it had enough cash ...
More foreign property investors in the Greater Bay Area are likely to sell off assets this year amid lingering uncertainties ...
The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that ...
China Vanke's CEO Zhu Jiusheng has been detained, and a Shenzhen task force is now supervising the company. This development raises the prospect of a government takeover, which could further ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback