Vanke Share Slide May Spur Liquidity Squeeze at Baoneng Fund

Updated on
  • 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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