China Vanke flags record loss as Chairman, CEO resign amid woes
- Posted on January 27, 2025
- By Business News Today
- 2 Views
China Vanke flags record loss as Chairman, CEO resign amid woes
China Vanke faces turmoil as Chairman Yu Liang and CEO Zhu Jiusheng resign amidst a projected $6.2 billion loss for 2024, its first annual loss since 1991. Leadership transitions and financial struggles deepen investor concerns.
