Zhu Jiusheng

New Business

China Vanke’s management reshuffle signals bailout for troubled developer, analysts say

The Shenzhen government is likely to bail out China Vanke, allowing the troubled mainland Chinese developer to overcome its liquidity…

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New Business

Vanke’s No. 1 investor installs chairman in ailing developer to guide its way out of debt

Embattled builder China Vanke, once the second-largest Chinese developer by sales, reshuffled its management while forecasting a record US$6.2 billion…

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New Business

Embattled Chinese developer Vanke suffers Fitch Ratings bond downgrade

Fitch Ratings downgraded some of developer China Vanke’s bonds deeper into junk territory, adding to the list of challenges that…

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New Business

More foreign property investors are likely to sell their Greater Bay Area assets in 2025

More foreign property investors in the Greater Bay Area are likely to sell off assets this year amid lingering uncertainties…

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New Business

China developer Vanke’s shares drop amid reports of CEO detention by police

Shares of beleaguered state-backed developer China Vanke fell by more than 8 per cent between Thursday’s market close and Friday…

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