China Vanke's CEO, chairman resign amid growing liquidity worries-March 2024-www.financetom.com

China Vanke's CEO, chairman resign amid growing liquidity worries

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China Vanke's CEO, chairman resign amid growing liquidity worries

Jan 27, 2025 1:13 AM

(Reuters) - Indebted property developer China Vanke said on Monday its chairman Yu Liang and chief executive Zhu Jiusheng applied to resign from their positions, amid intensifying worries over the company's liquidity as it faces several looming debt maturity deadlines this month.

(Reporting by Himanshi Akhand in Bengaluru)

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