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China Property Giant Vanke's CEO 'Taken Away' By Police
China Vanke CEO's reported detention deepens property sector concerns
The future of developer China Vanke and its $45 billion in debt were in focus on Friday after media reports alleged its CEO had been temporarily detained, deepening concerns about China's embattled property sector.
China Property Giant Vanke's CEO 'Taken Away' By Police: Report
The head of one of China's biggest property firms has been "taken away" by police, state-backed media reported Thursday, as a prolonged housing slump continues to hit the world's second-largest economy.
China developer Vanke’s fate in question as shares and bonds drop amid rumours
The beleaguered state-backed developer, which has US$4.9 billion in debt coming due this year, lost more than 8 per cent overnight.
China Vanke's CEO detained by authorities, state media reports
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.
China Vanke's CEO Detainment Sparks Property Sector Concerns
China Vanke faced heightened scrutiny after reports of its CEO's detainment, adding to concerns about the country's struggling property sector. Despite being backed by major state-owned shareholder Shenzhen Metro,
China Vanke Concerns Deepen With Question Over CEO’s Whereabouts
Concerns over China Vanke Co. spiked amid questions on the latest status of its top executive and a local news report that the property developer may be seized by state authorities.Most Read from BloombergThese Homes Withstood the LA Fires.
China Vanke CEO's reported detention intensifies property sector woe
Concern over China's embattled property sector has deepened after state media reported the detention of China Vanke's chief executive and said authorities are overseeing operations, sending the developer's shares plummeting on Friday.
China Vanke's Turmoil: CEO Detention Rattles Real Estate Market
China's property sector is in turmoil as China Vanke's CEO, Zhu Jiusheng, has been detained. This has sparked fears of a government takeover, sending the company's shares plummeting. The incident is part of wider concerns about debt in China's real estate market,
China Vanke CEO Zhu Taken Away by Authorities, Observer Reports
The top executive of China Vanke Co., one of the country’s largest property firms, was taken away by police, the Economic Observer reported, citing unidentified sources.
China: Shares of Chinese developer Vanke plummet 7.8% after CEO reportedly detained
Shares of China’s second-largest property developer, Vanke, dropped 7.8 percent Friday amid uncertainty over the whereabouts of the company's CEO, Zhu Jiusheng. Jiusheng was reportedly detained Thursday night,
18h
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, ...
1d
China Vanke has no plans to extend bonds amid market slump, REDD reports
Property developer China Vanke told some investors on Wednesday that it had no plans to extend its bonds amid a market ...
21h
Vanke’s Bond Selloff Signals Growing Worries About Debt Payments
China Vanke Co., long considered a bellwether of the country’s property market, is facing a deepening bond selloff as worries ...
Nikkei Asia
10h
China Vanke shares sink amid speculation over top exec's whereabouts
HONG KONG -- Property developer China Vanke's shares fell sharply in Hong Kong and Shenzhen on Friday, as speculation swirled ...
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