China Vanke shares firm after state shareholders show liquidity support

China Vanke's Hong Kong shares gained more than 2% on Tuesday in early trading after state shareholders showed signs of giving liquidity support.

State-owned China Metro, the largest shareholder of China Vanke, which is China's No.2 property developer by sales value , said on Monday it has prepared more than 10 billion yuan ($1.38 billion) worth of "market tools" to add new cashflow into the developer.