|Day's Range||25.17 - 26.03|
|52 Week Range||16.74 - 29.00|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Categories: Yahoo FinanceGet free summary analysis China Vanke Co., Ltd. reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of China Vanke Co., Ltd. – Gemdale Corporation Class A, Poly Real Estate Group Co., Ltd. Class A and Beijing North Star Company Limited Class A (600383-CN, 600048-CN ... Read more (Read more...)
Property tycoon Wang Shi’s step-down from the helm of China Vanke marks the end of an era for one of the crown jewels of China’s private business world.
China Vanke Co Chairman Wang Shi, one of the best known people in Chinese business, will step down from the board after a years-long power struggle saw the nation's No.2 property developer fall under state control. The 66-year-old former government official and People’s Liberation Army veteran said it was time to hand over the reins of the company he founded in 1988 and built into a real estate powerhouse that rode on the back of China's economic boom. The move was widely expected after China Vanke was taken over by the Shenzhen government in March, ending a struggle for boardroom control and raising questions about to what extent the property giant would remain a market-driven company.