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 CEO's Unexpected Detention Raises Concerns
China Vanke's CEO Zhu Jiusheng has been detained by public security authorities, stirring volatility in the company's bond prices. Amid a protracted property market downturn, Vanke aims to secure funds to meet its bond commitments by 2025,
China Vanke’s Hong Kong shares set to fall 8.4% after CEO reportedly detained
The Hong Kong-listed shares of property developer China Vanke were set to fall 8.4% on Friday after state media reported that Chief Executive Zhu Jiusheng was detained by Chinese
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.
Vanke CEO Zhu Jiusheng Taken by Authorities - Reports
Zhu Jiusheng, the CEO of China Vanke, was taken into custody by public security authorities on Wednesday, according to a report from state media outlet The Economic Observer. The unexpected development has intensified scrutiny of the real estate giant's financial stability amid a prolonged slump in China's property market.
China: Shares of Chinese developer Vanke plummet 7.8% after CEO reportedly detained
Shares of China’s second-largest property developer, Vanke, dropped 7.8 percent Friday amid uncertainty over the whereabouts of the company's CEO, Zhu Jiusheng. Jiusheng was reportedly detained Thursday night,
China Vanke's Hong Kong shares drop 8% after report of CEO detention
The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive.A Shenzhen government task force has stepped in to oversee operations at the state-backed developer,
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 ...
The Taipei Times1d
Vanke bonds rebounds on note repayment capability
China Vanke Co (萬科) rebounded from record lows in credit markets, as people familiar with the matter said the distressed ...
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 ...
More foreign property investors are likely to sell their Greater Bay Area assets in 2025
More foreign property investors in the Greater Bay Area are likely to sell off assets this year amid lingering uncertainties ...
China Vanke CEO's reported detention intensifies property sector woe
Concern over China's embattled property sector has deepened after state media reported the detention of China Vanke's chief ...
Bloomberg L.P.10d
Vanke Bond Distress Deepens Ahead of $4.9 Billion Maturity Wall
Vanke has about $4.9 billion in yuan- and dollar-denominated bonds maturing or facing redemption options in 2025, its highest annual amount ever, and the most for any Chinese developer this year ...
devdiscourse2d
China Vanke's Uncertain Future: Government Intervention Sparks Worries
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 ...
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 ...