Morgan Stanley Lowers China Vanke (OTCMKTS:CHVKF) to Equal Weight

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Morgan Stanley lowered shares of China Vanke (OTCMKTS:CHVKF) from an overweight rating to an equal weight rating in a report published on Monday, June 17th, The Fly reports.

OTCMKTS CHVKF remained flat at $$3.69 during trading on Monday. The company’s stock had a trading volume of 3 shares.

About China Vanke

China Vanke Co, Ltd., a real-estate company, develops and sells properties in the People's Republic of China. The company operates through Property Development and Property Management segments. It develops commodity housing properties; and commercial and office properties, as well as other ancillary facilities.

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