Vanke's Wang Shi said on Wednesday he is stepping step down as chairman by the end of the month, of the company he founded three decades ago, handing the baton to chief executive, Yu Liang. Photo: Reuters

Vanke founder Wang Shi to step down as chairman

Decision is a bookend to an 18-month takeover tussle that redefined the rules of corporate China, leading to an overhaul of its insurance industry and even the ouster of the industry’s regulator

Topic |   China Vanke

TOP PICKS

Vanke's Wang Shi said on Wednesday he is stepping step down as chairman by the end of the month, of the company he founded three decades ago, handing the baton to chief executive, Yu Liang. Photo: Reuters
READ FULL ARTICLE