Huang Yu takes charge of the state-backed developer as it faces mounting debt pressure, sliding sales and a critical restructuring push
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China Vanke Co. Ltd. has appointed a former Shenzhen financial regulator as president, filling a role left vacant for more than a year as the state-backed developer struggles to contain a deepening liquidity crisis.
Huang Liping takes the top job at Shenzhen Metro after months of uncertainty following the departure of Xin Jie, as the…
Shenzhen’s state-asset system tightens its grip on the struggling property giant following a $19 billion deficit over the past…
After state-backed rescue funds were capped, the financially strapped developer is seeking a unified extension on 6.7 billion…
Steady drip of lifelines underscores the severity of Vanke’s cash crunch
The 1.14 billion yuan loan from Shenzhen Metro Group comes after the company failed to find a buyer for its pig farming business…
Shareholders approve new share issuance, loan arrangements for embattled developer
