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CHINA VANKE May Reportedly Face Takeover & Reorganization
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Shenzhen's relevant task force has fully stepped in issues of CHINA VANKE (02202.HK)(000002.SZ), and the company may face a takeover and reorganization, The Economic Observer reported.

CHINA VANKE President and CEO Zhu Jiusheng was taken away by the public security authorities, Chinese media cited sources reporting earlier.

Related NewsHSBC Research Downgrades CHINA VANKE to Reduce; Liquidity Issues May Be Temporarily Resolved, Industry Still Faces Upside Risks

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