Losses continue to widen and debts continue to pile up, Vanke not yet out of the woods

Vanke not out of the woods as losses, debt keep mounting

Despite being taken over by Shenzhen Metro Group and promised full financial support, the developer, while avoiding defaults, reported its loss widened in the first half of 2025 Key Takeaways:…
an Illustration of McKinsey weighing China exit

McKinsey Weighs China Exit, and Shenzhen Rescues Vanke

Some partners at U.S. consulting giant McKinsey are questioning the wisdom of staying in China. What's driving their doubt, and what would a withdrawal signify? And Shenzhen rescues struggling developer Vanke. What is the city demanding in return for its assistance?
萬科前三季度虧損179.4億元,去年同期為賺136.2億元

Vanke bleeds red ink but detects signs of upturn

The property company is battling to get its house in order after posting big losses, hoping to capitalize on a tentative market revival Key Takeaways: Vanke swung from profit to…