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China: Shares of Chinese developer Vanke plummet 7.8% after CEO reportedly detained
China - January 17, 2025 Shares of China’s second-largest property developer, Vanke, dropped 7.8 percent Friday amid uncertainty over the whereabouts of the company's CEO, Zhu Jiusheng. Jiusheng was reportedly detained Thursday night, and authorities were said to be considering intervening in the company, according to local media. Vanke's stock on the Hong Kong Stock Exchange fell 7.82 percent after 11:00 local time, despite the news not being officially confirmed by either the authorities or the company. Camera: ALEX PLAVEVSKI. B-ROLL FOOTAGE OF THE LUJIAZUI FINANCIAL DISTRICT, IN SHANGHAI, CHINA. FOOTAGE SHOT ON JANUARY 16, 2025. [Restrictions: Spain, Latin America, or the U.S. Hispanic market]
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Stories not Stock: 3 Reasons Why You Should Use UGC Instead of Stock Video
Video content is an essential part of a brand’s marketing strategy, and while stock footage has been a reliable go-to in the past, forward-thinking companies are looking to user-generated content for their video needs.
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