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R. Scott Pert<p>China property giant Vanke reports annual loss of $6.8 bn</p><p>&gt; <a href="https://mastodon.cloud/tags/HongKong" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HongKong</span></a>-listed <a href="https://mastodon.cloud/tags/Vanke" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Vanke</span></a> is part-owned by the government of <a href="https://mastodon.cloud/tags/Shenzhen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Shenzhen</span></a> and was <a href="https://mastodon.cloud/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a>'s fourth-largest <a href="https://mastodon.cloud/tags/realestate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>realestate</span></a> firm by sales last year, according to research firm CRIC.</p><p>&gt; Vanke has seen [..] the resignation of its CEO [..] the company said was "due to health reasons".</p><p>&gt; That month, Chinese outlet the Economic Reporter cited sources as saying Zhu had been "taken away by public security authorities" <a href="https://today.rtl.lu/news/business-and-tech/a/2290318.html" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">today.rtl.lu/news/business-and</span><span class="invisible">-tech/a/2290318.html</span></a> <a href="https://mastodon.cloud/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a></p>
The Japan Times<p>China Vanke&nbsp;has been thrown a lifeline by state authorities, a rare show of support that signals the developer may be too big to fail even after dozens of property firms defaulted amid China’s punishing housing slump. <a href="https://www.japantimes.co.jp/business/2025/01/28/companies/china-support-vanke/?utm_medium=Social&amp;utm_source=mastodon" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">japantimes.co.jp/business/2025</span><span class="invisible">/01/28/companies/china-support-vanke/?utm_medium=Social&amp;utm_source=mastodon</span></a> <a href="https://mastodon.social/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://mastodon.social/tags/companies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>companies</span></a> <a href="https://mastodon.social/tags/vanke" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>vanke</span></a> <a href="https://mastodon.social/tags/china" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>china</span></a> <a href="https://mastodon.social/tags/realestate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>realestate</span></a> <a href="https://mastodon.social/tags/evergrande" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>evergrande</span></a> <a href="https://mastodon.social/tags/countrygarden" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>countrygarden</span></a></p>