Chinese outlet the Economic Reporter this month cited sources as saying that Zhu Jiusheng had been "taken away by public security authorities", but did not specify whether he had been formally ...

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 ...

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 ...

It was ranked fifth by sales value last year versus second in 2023. The reported detention of Zhu Jiusheng is likely to further dent confidence in the beleaguered property sector among homebuyers ...