Vanke's HK shares ease after major shareholders enter proxy agreement

HONG KONG, March 17 (Reuters) - Shares of China Vanke

in Hong Kong fell on Friday after the company said

China Evergrande will entrust voting rights to

state-owned Shenzhen Metro, whose combined voting rights will

then surpass largest shareholder Baoneng Group.

As of 0153 GMT, Vanke's Hong Kong shares had dropped 2.3

percent, while their counterparts in Shenzhen gained 2.3

percent.

(Reporting by Clare Jim; Editing by Sherry Jacob-Phillips)