Vanke Share Slide May Spur Liquidity Squeeze at Baoneng FundBloomberg News
Baoneng borrows funds from banks to buy Vanke shares: JPMorgan
Banks have option to liquidate funds if Vanke shares tumble
China Vanke Co.’s shares have fallen below the level that JPMorgan Chase & Co. analysts said might trigger a liquidity squeeze at funds managed by its largest shareholder, Baoneng Group.
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