Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over the company's liquidity ...
HONG KONG (Reuters) -Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over ...
Property developer China Vanke on Monday said its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as it faces several debt maturity deadlines this year.
Yu founded Will Semiconductor in 2007 and has made a name as a successful deal maker in China’s chip industry.
Chairman Yu Liang applied to resign due to “work adjustment reasons,” but will remain as a director of the company, Vanke said in a filing to the Hong Kong stock exchange on Monday.
The news boosted prices of Vanke’s bonds. Yu Liang resigned as chairman due to “work adjustment reasons”, but would remain with the company as a director, Vanke said in a filing with the ...
In a filing in Hong Kong, Vanke said that its chairman, Yu Liang, would leave his post for “work adjustment reasons.” Zhu Jiusheng, the chief executive, would resign “due to health reasons ...
The Shenzhen-based company said in a filing late Monday that it received the loan from Shenzhen Metro Group, which is a state-owned subway operator in one of the biggest cities in China. The loan was ...
Ratings agency Moody's downgraded China Vanke further on Tuesday and maintained its negative outlook on the embattled ...
(Reuters) - Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns over the company's liquidity as it faces several debt ...
The Economic and Financial Crimes Commission (EFCC) has arraigned 17 Chinese nationals and a company known as Genting International Co.
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