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China Vanke Co.’s first-quarter loss widened, underscoring the property developer’s challenges even after the government in ...
March 31 (Reuters) - Chinese property developer Vanke's (000002.SZ), opens new tab residential property management unit Onewo (2602.HK), opens new tab said on Monday it will take full ownership of ...
As one of the primary developers in China focusing on middle-range to high-end properties, China Vanke experienced a more than-20% revenue CAGR from 2014-19 as the market boomed. Property ...
The world’s second-largest economy has yet to find a floor for its slumping property market, as new-home sales resumed their decline and China Vanke Co. reported a record loss. After a brief ...
Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling sales and shrinking profit margins despite Beijing's attempts to revive ...
Vanke said 2024 was an "exceptionally challenging year" in a filing to the Hong Kong stock exchange and apologised for "distress caused... due to the significant decline in sales, substantial losses ...
Cash-strapped developer China Vanke is putting more of its fringe assets up for sale to stave off a liquidity crisis and pare US$147 billion of liabilities, after a multi-year slump in home sales ...
China Vanke swung to a net loss in 2024 and warned of intensifying financial pressure ahead as the developer continues to feel the strain of China's years-long property crisis. The Shenzhen-based ...
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