DUBAI / GULF TIME AVENEW Development announced the launch of MODO, the first phase of ...
Read More »Vanke share slide may spur liquidity squeeze
Bloomberg China largest residential real estate developer Vanke Co.’s shares have fallen below the level that JPMorgan Chase & Co. analysts said might trigger a liquidity squeeze at funds managed by its largest shareholder, Baoneng Group. The Shenzhen-traded Vanke shares have tumbled almost 30 percent after they resumed trading on July 4 following a six-month halt. The shares fell ...
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