China developer Vanke’s fate in question as shares and bonds drop amid rumours
Vanke’s shares fell 3.29 per cent to HK$4.70 on Friday following media reports on Thursday evening that its president and CEO, Zhu Jiusheng, had been detained by police. The company’s mainland-listed shares dropped by 3.63 per cent to 6.63 yuan. Shenzhen Metro Group, operator of the city’s rail transit network, is Vanke’s largest shareholder.
China Vanke Co.’s top executive was taken away by police and the Chinese property giant may be assumed by state authorities, ...
China Vanke Co., long considered a bellwether of the country’s property market, is facing a deepening bond selloff as worries ...
China Vanke Co (萬科) rebounded from record lows in credit markets, as people familiar with the matter said the distressed ...
HONG KONG, Jan 16 (Reuters) - 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 ...
HONG KONG -- Property developer China Vanke's shares fell sharply in Hong Kong and Shenzhen on Friday, as speculation swirled ...
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