China Vanke's CEO Detained by Authorities, State Media Reports
HONG KONG (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 developer's operation, state media The Economic Observer reported on Thursday.
Vanke Bonds Rebound From Lows as Focus Shifts to Local Note
China Vanke Co.’s top executive was taken away by police and the Chinese property giant may be assumed by state authorities, the Economic Observer reported, citing unidentified sources.Most Read from BloombergThese Homes Withstood the LA Fires.
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 ...
China Vanke Co (萬科) rebounded from record lows in credit markets, as people familiar with the matter said the distressed ...
HONG KONG -- Property developer China Vanke's shares fell sharply in Hong Kong and Shenzhen on Friday, as speculation swirled ...
China Vanke Co., long considered a bellwether of the country’s property market, is facing a deepening bond selloff as worries ...
Property developer China Vanke told some investors on Wednesday that it had no plans to extend its bonds amid a market ...
China Vanke's CEO Zhu Jiusheng has been detained, and a Shenzhen task force is now supervising the company. This development raises the prospect of a government takeover, which could further ...
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