China Vanke on Monday warned of an attributable net loss of RMB 45 billion ($6.2 billion) for 2024 and announced the resignation and departure of president and CEO Zhu Jiusheng, whose reported arrest earlier this month had signalled a change… Read More>>
Shenzhen Metro Steps in as China Resources Exits Vanke and More Asia Real Estate Headlines
One of the biggest takeover battles in Chinese corporate history appears to be coming to a close as China Resources sells its Vanke stake to Shenzhen Metro. Also in the headlines to start the week, China’s best known think tank… Read More>>