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China Vanke's CEO, chairman resign amid growing liquidity worries

Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns over the company's liquidity as it faces several debt maturity deadlines this year.

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Chinese property giant Vanke warns of huge loss, CEO resigns

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. Vanke has not confirmed Zhu's detention but said in a statement on Monday that he "has applied to

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China Vanke's top executives resign from property developer

Top executives at China Vanke Co., a leading property developer, have announced their resignations, according to a filing with the Hong Kong stock exchange on Monday.

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Another Chinese Builder Is Facing a Cash Crisis

China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion ...

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Vanke Flags Record Loss as Top Executives Resign Amid Woes

Chairman Yu Liang applied to resign due to “work adjustment reasons,” Vanke said in a filing to the Hong Kong stock exchange ...

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Even China’s Property Stalwart Isn’t Immune From the Crisis

Troubles at Vanke raise questions about the continued spread of the property crisis and whether the Chinese state will step ...

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China Vanke shares set to jump after senior management reshuffle

Property developer China Vanke's Hong Kong-listed shares were set to open 8.7% higher on Tuesday following the announcement ...

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