Mon 11/06/2023 19:44 PM
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UPDATE 3: 7:44 p.m. ET 11/6/2023: China Vanke Co. Ltd. announced to the Hong Kong stock exchange on Monday, Nov. 6, that at the meeting with financial institutions held on the same day, Shenzhen Metro Group Co. Ltd., or SZMC, the largest shareholder of the company, stated that it is firmly optimistic about the prospect of the company and never formulated any plan to reduce the shareholding in China Vanke.

Meanwhile, SZMC said it will purchase some of the company’s urban renewal...
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