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China Vanke's CEO, chairman resign
China Vanke's CEO, chairman resign as $6.2 billion forecast loss deepens concerns
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng stepped down as it forecast a record $6.2 billion net loss for 2024, as concerns over the company's liquidity deepen.
China Vanke’s Chairman and CEO to Resign From Roles
Chairman Yu Liang applied to resign due to “work adjustment reasons,” Vanke said in a filing to the Hong Kong stock exchange on Monday. He will remain as a director of the com
Chinese Property Giant Vanke Warns Of Huge Loss, CEO Resigns
Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also saying its CEO was resigning due to "health reasons".
China Vanke's CEO, chairman resign amid growing liquidity worries
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid concerns over the company's liquidity as it faces several debt maturity deadlines this year.
China Vanke's top executives resign from property developer
Top executives at China Vanke Co., a leading property developer, have announced their resignations, according to a filing with the Hong Kong stock exchange on Monday.
China, manufacturing activity
China's factory activity contracts in January for the first time in 4 months
China's most important festival, this year public holidays will begin Tuesday and continue until Feb. 4. Millions of Chinese leave the cities to travel back home for a rare break
China Jan manufacturing activity unexpectedly contracts, hits five-month low
China's manufacturing activity unexpectedly contracted in January, an official factory survey showed on Monday, its weakest since August, keeping alive calls for stimulus in the world's second-largest economy.
China Manufacturing Activity Contracts For First Time In Four Months
China's manufacturing activity shrank in January for the first time in four months, official data showed Monday, as Beijing struggles to sustain the recovery of the world's second-largest economy.
1h
on MSN
China's DeepSeek sets off AI market rout
Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial ...
2h
In China, Government Data on Drugs Blocked From Public After Backlash
Criticism over how the Chinese government buys drugs for its public health care system has ignited frustration over the ...
32m
on MSN
China says it's "extremely unlikely" COVID pandemic came from lab leak, as CIA now indicates
China says it's "extremely unlikely" that COVID-19 came from a lab, after the CIA said it believed, though with low confidence, that it did, rather than from natural transmission.
11h
on MSN
China is more in love with its pandas than ever. That’s complicated matters for Beijing
China’s successful rebranding of the giant panda has created an unexpected challenge for Beijing, as it aims to balance its ...
7h
China’s Large and Mysterious Dam Project Is Alarming Neighbors and Experts
The hydropower dam, in quake-prone Tibet, is set to be the world’s biggest. But China has said little about the project, ...
9h
China hands death sentence to man who killed Japanese boy
A Chinese man has been sentenced to death for fatally stabbing a 10-year-old Japanese schoolboy, in a case that sparked ...
4h
Nasdaq futures tumble as China's AI push rattles Big Tech
Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial ...
2h
Nvidia tumbles and tech stocks slide premarket as China's DeepSeek spooks AI investors
DeepSeek topped the Apple AppStore chart and sparked fears the Chinese company is quickly catching up with OpenAI's ChatGPT ...
5h
on MSN
Silicon Valley Is Raving About a Made-in-China AI Model
DeepSeek is called “amazing and impressive” despite working with less-advanced chips.
3h
China detains suspect in human trafficking cases linked to online scam networks in Myanmar
Chinese authorities have detained a key suspect in human trafficking cases linked to online scam networks in Myanmar ...
3h
China's DeepSeek sparks AI market rout
Technology shares around the world slid on Monday as a surge in popularity of a Chinese discount artificial intelligence ...
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