China Vanke shares fell their daily 10-percent limit for a second straight session in Shenzhen on Tuesday. Investors shed shares before trading and opted for the developer's Hong Kong stock.

The stock closed at 19.79 yuan per share as turnovers hit 262 million yuan in half a trading day while Vanke's Hong Kong shares extended gains.

Vanke resumed trading its shares on Monday after suspending trading in the mainland market in December. Soon after Vanke became embroiled in an internal power struggle that's still continuing.