China Vanke Co (HK:2202) has released an update.
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China Vanke Co., Ltd. has voluntarily announced a plan for its core management personnel to increase their A shares holding by RMB200 million within the next six months, demonstrating their long-term confidence in the company’s prospects. The initiative, which involves a staff representative-established legal entity as the trustee, will adhere to relevant laws with no specified price range, and the acquired stocks will be subject to a two-year voluntary lock-up period post-completion.
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