Multiple Chinese Banks Said to Work on Up to $11 Billion-Loa…

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TMTPost -- China Vanke Co., Ltd., the second largest property developer by sales in the country, may receive new external support.Credit：Visual ChinaShenzhen-listed shares of Vanke soared as much as nearly 8% and closed 5.7% higher on Tuesday, Hong Kong-traded shares of the company settled 10.3% higher that day. All of Vanke’s onshore bonds rallied the same day. An RMB bond due in November 2027 rose more t