China Vanke, a state-backed property developer under liquidity stress, expected a net loss of up to 12 billion yuan ($1.67 ...

Shares in Australia and Japan rose while those in South Korea retreated at the open Tuesday. The S&P 500 eked out a gain as ...

Our fair value estimate for Vanke is CNY 7.50 per share, implying 2024 price/book of 0.2 times. Our valuation is based on a cost of equity of 12.5% and a weighted average cost of capital of 10.4%.

Shenzhen has launched a pioneering initiative using autonomous robots to restock 7-Eleven stores within its subway system.

China Vanke swung to a net loss in 2024 and warned of intensifying financial pressure ... How we use your information depends on the product and service that you use and your relationship with us.

Shenzhen debuts 41 penguin‑style delivery robots that autonomously board the subway to refill over 100 7‑Eleven stores, no ...

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... State-backed Vanke has been trying to sell a number of assets, ...

Previously Vanke held 49% in the project while the state-owned company held 51%. Yu was Vanke's president from 2001 to 2018, before becoming chairman from 2017. Zhu joined Vanke in 2012 and became ...

Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 million) loan, in a sign the government is stepping up efforts to ...

China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ($383 million) to help the struggling developer repay outstanding debt.

Indebted property developer China Vanke Co Ltd is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth fund GIC, a person with knowledge of the matter said.