Indebted property developer China Vanke has secured a 1.55 billion yuan (US$215.4 million) loan from state-owned Shenzhen ...

Zhu Jiusheng, CEO of Vanke, was "taken away by public security authorities", the Economic Observer reported, citing sources. Hong Kong-listed Vanke, which is part-owned by the government of ...

CEO Zhu Jiusheng is also quitting, citing “health reasons.” He will no longer hold any positions at the company. Xin Jie, chairman of Shenzhen Metro Group Co., will replace Yu. The state-owned ...

Chief Executive Officer Zhu Jiusheng is also stepping down, citing “health reasons.” He will no longer hold any positions at ...

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 ...

Vanke has seen a shakeup of its top management, including the resignation of its CEO Zhu Jiusheng on January 27 which the company said was "due to health reasons". That month, Chinese outlet the ...

Hong Kong-listed property giant Vanke reported a significant annual loss of 49.5 billion yuan ($6.8 billion) on Monday, attributing the sharp decline to falling sales and shrinking profit margins ...