BUZZ-China Vanke's HK shares climb most in two months on report of bond extension
Reuters04-08
BUZZ-<a href="https://laohu8.com/S/CHVKF">China Vanke</a>'s HK shares climb most in two months on report of bond extension
** Hong Kong-listed shares of China Vanke2202.HK climb 5.9% to HK$3.05, mark their biggest intraday pct rise since February 4
** Stock touches its highest level since March 26
** Company's Shenzhen-listed stock 000002.SZ rises 4.5% to 3.98 yuan, posts its biggest intraday pct gain since January 29
** The Chinese property developer is seeking to extend another onshore bond by one year, offering to repay 40% of principal upfront, sources told Reuters on Wednesday, after clearing an initial round of debt extension talks in January
** Vanke did not immediately respond to Reuters' request for a comment
** YTD, Hong Kong stock down 8.8%, Shenzhen-listed shares down 15.3%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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