China's developer Vanke falls after posting first core loss in H1
** Hong Kong shares of China Vanke 2202.HK fall 5.4% to HK$3.88, on track for the biggest one-day drop since July 24 if trend holds
** The Chinese state-backed property developer on Friday reported its first core loss of 7.6 bln yuan ($1.07 bln) in the first half, but it said its cash flow returned to positive in the second quarter
** Company expects cash flow to stay positive for the rest of the year, adding it is in talks to dispose or spin off 19 projects to raise more funds
** China Vanke's Shenzhen stock 000002.SZ fall 4.6% to 6.44 yuan, biggest decline since May 24
** In China, the blue-chip CSI 300 Index .CSI300 falls 1.3%, the Shanghai Composite Index .SSEC slips 0.7% while CSI 300 Real Estate Index .CSI000952 drops 3.6%
** In Hong Kong, Hang Seng Mainland Properties Index .HSMPI drops 4.8% and Hang Seng Index .HSI declines 1.6%
** Stock dropped 46% YTD, Shenzhen shares down 38.1% YTD
Reporting by Donny Kwok
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