Huang Liping takes the top job at Shenzhen Metro after months of uncertainty following the departure of Xin Jie, as the state-owned transit operator faces losses tied to its stake in developer Vanke
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Shenzhen Metro Group has appointed Huang Liping as chairman, filling a leadership vacancy at the state-owned transit operator as it faces mounting financial pressure from its exposure to China Vanke Co. Ltd.
Huang Yu takes charge of the state-backed developer as it faces mounting debt pressure, sliding sales and a critical…
State-owned operator's deficit and chairman's exit show strain from effort to save developer
Steady drip of lifelines underscores the severity of Vanke’s cash crunch
Shenzhen’s state-asset system tightens its grip on the struggling property giant following a $19 billion deficit over the past…
The 1.14 billion yuan loan from Shenzhen Metro Group comes after the company failed to find a buyer for its pig farming business…
After state-backed rescue funds were capped, the financially strapped developer is seeking a unified extension on 6.7 billion…
