Stock Track | CHINA VANKE Soars 5.09% Intraday as Yuan Bond Rises 20%

Stock Track12-10

CHINA VANKE's (02202) stock surged 5.09% during intraday trading on Wednesday, reflecting strong investor confidence in the company.

The rally followed a 20% increase in the price of a yuan bond issued by CHINA VANKE, which triggered a trading suspension by the Shenzhen Stock Exchange. The bond's performance has alleviated some concerns about the developer's financial health, boosting its stock price.

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