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Shares up as Ying Li ropes in China Everbright

Tuesday, July 1, 2014 - 06:00

SHARES of Ying Li International Real Estate, a Singapore-listed China-based pro-perty developer, surged as much as 14 per cent yesterday on news of its proposal to rope in China Everbright Limited (CEL) as a strategic investor. On resumption of trading yesterday, the stock opened at 32 cents,

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