China Vanke (OTCMKTS:CHVKF) Downgraded by Goldman Sachs Group to “Sell”

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Goldman Sachs Group cut shares of China Vanke (OTCMKTS:CHVKF) from a neutral rating to a sell rating in a research note issued to investors on Wednesday, The Fly reports.

CHVKF stock traded up $0.02 during midday trading on Wednesday, reaching $4.35. The company had a trading volume of 100 shares, compared to its average volume of 100. The stock has a 50 day moving average price of $3.79 and a 200 day moving average price of $3.65. China Vanke has a fifty-two week low of $3.45 and a fifty-two week high of $4.40.

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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