Vanke suspension lifted after false news reports

Trading of Vanke Property (Overseas) shares will resume today after the company said it had not taken part in the acquisition of a government residential site on Tsuen Wan waterfront.

The announcement was made yesterday, a day after Vanke Property (Hong Kong), a subsidiary of mainland developer China Vanke, and New World Development jointly won the TW6 site near the Tsuen Wan West Station for HK$3.43 billion.

via Business feed http://www.scmp.com/business/china-business/article/1135510/vanke-suspension-lifted-after-false-news-reports