Vanke A-Shares Snap Two-Day Decline After Holder Raises Stake

  • Shares jump as much as 5 percent at market open in Shenzhen
  • Largest holder Baoneng raised Vanke stake to 24.97 percent

China Vanke Co.’s mainland-traded A shares rose, ending a two-day losing streak, after a unit of Baoneng Group, which is fighting for control of the nation’s biggest publicly traded developer, raised its stake in the company.

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