China Vanke Says Weibo Post Not Related to Share ResumptionBloomberg News
China Vanke Co., the nation’s largest developer by sales, said its chairman’s post on Weibo on Thursday has nothing to do with the company’s stock-trading resumption or restructuring.
Vanke Chairman Wang Shi, in a comment on microblogging site Weibo that was later deleted, hinted that the company will have some news on Monday, spurring speculation about a possible trading resumption. The company’s mainland-listed A-shares have been halted since December pending release of information about an asset restructuring and are expected to resume trading in mid-June.
— With assistance by Sree Vidya Bhaktavatsalam