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China Vanke Shares Jump
China Vanke's Hong Kong shares climb after reshuffle of top management
Property developer China Vanke's Hong Kong shares firmed on Tuesday following a change of top management that reinforced government support for the company to contain its liquidity risks. State-backed China Vanke said on Monday that Chairman Yu Liang and CEO Zhu Jiusheng have stepped down,
China Vanke Shares Jump as Management Reshuffle Raises Government Bailout Hopes
Shares of China Vanke jumped after key management changes fueled hopes that the government is stepping in to rescue the troubled property developer. The company's stock gained as much as 14% to HK$6.43 in early trade in Hong Kong on Tuesday,
China Vanke’s management reshuffle signals bailout for troubled developer, analysts say
Support for Vanke could see banks extend loans, reduce discounts on asset sales and boost homebuyers’ confidence, CGS’ Raymond Cheng says.
China Vanke's shares jump on fresh state support, management reshuffle
By Clare Jim HONG KONG (Reuters) -A management reshuffle at China Vanke that reinforced government support sent the developer's shares higher on Tuesday, as investors cheered the removal of near-term default risks and hoped it would bring some stability to the struggling property sector.
56m
India and China Agree to Resume Direct Flights After Nearly Five Years
It was the latest thaw in relations between the two countries, whose troops were involved in deadly skirmishes high in the ...
Hong Kong Free Press
8h
‘Let’s talk about something else’: China’s AI chatbot DeepSeek answers questions on Hong Kong, Tiananmen crackdown
China's AI bot DeepSeek censored answers about Hong Kong's protests, Taiwan's status and other topics when asked questions by ...
11h
China Market Update: Deep Seek “Deep-Sixes” Global Semiconductor Stocks
So much for the quiet pre-holiday trading session as Asian equities were mixed though Australia was closed for Australia Day, ...
8h
on MSN
Hong Kong’s Blue Pool Capital Buys Minority Stake in Super-Star Sneaker Maker
Golden Goose, the maker of the Super-Star sneakers brand, said Hong Kong investment firm Blue Pool Capital acquired a ...
21h
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 ...
6d
China and Hong Kong stocks tumble on Trump's tariff threats
China and Hong Kong stocks fell on Wednesday after U.S. President Donald Trump hinted at new tariffs on Chinese imports, ...
Hong Kong Free Press on MSN
6d
Hong Kong leader says new Trump presidency ‘good start’ for US-China relations, warns against ‘interference’
Hong Kong Chief Executive John Lee also said Donald Trump's second presidency marks a “good start” for US-China relations.
4d
China Market Update: Like A Good Neighbor, Chinese Insurance Companies Are There To Buy Stocks
Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan ...
3d
US lawmakers seek rights sanctions over Hong Kong, text shows
Republican and Democratic U.S. lawmakers will introduce a bill on Friday requiring the Trump administration to review whether ...
2d
Hakka village festival shows Hong Kong’s beautiful countryside and cultural heritage
Kuk Po, located near the city’s border with mainland China, offers locals and tourists an authentic rural experience.
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