China Vanke (OTCMKTS:CHVKY) Trading 62.5% Higher – Should You Buy?

China Vanke Co., Ltd. (OTCMKTS:CHVKYGet Free Report)’s stock price traded up 62.5% during trading on Tuesday . The stock traded as high as $0.2662 and last traded at $0.26. 6,292 shares changed hands during trading, a decline of 53% from the average session volume of 13,300 shares. The stock had previously closed at $0.16.

China Vanke Trading Up 62.5%

The business’s 50-day moving average price is $0.15 and its 200 day moving average price is $0.23.

China Vanke Company Profile

(Get Free Report)

China Vanke Co, Ltd., founded in 1984 and headquartered in Shenzhen, Guangdong Province, is one of China’s largest residential property developers. The company initially focused on large-scale housing projects and has since expanded its offerings to include integrated urban communities combining residential, commercial and public service facilities.

Vanke’s core activities encompass land acquisition, property development and construction of high-quality residential buildings. In addition to its residential portfolio, the company invests in and operates shopping centers, office towers and logistics warehouses.

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