Vanke shares rose to historic high when it resumed trading on Tuesday, after it won the bid to takeover Singapore-listed GLP. Photo: Reuters

Vanke rally fizzles by day’s end after buyout of China’s biggest warehouse operator

Investors gave a mixed reaction to Vanke’s participation in a consortium that will buy Singaporean warehouse operator Global Logistic Properties, with its shares ending unchanged in resumed trading on Tuesday

Topic |   China Vanke

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Vanke shares rose to historic high when it resumed trading on Tuesday, after it won the bid to takeover Singapore-listed GLP. Photo: Reuters
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