China Vanke shares set to jump after senior management reshuffle
HONG KONG, Jan 28 (Reuters) - Property developer China Vanke's Hong Kong-listed shares were set to open 8.7% higher on Tuesday following the announcement of a senior management change.
China Vanke (000002.SZ), opens new tab said on Monday that Chairman Yu Liang and CEO Zhu Jiusheng stepped down. The company forecast a record $6.2 billion net loss for 2024, deepening liquidity concerns.
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