China Evergrande boosts stake in rival property developer Vanke

Fri, Nov 11, 2016 - 5:50 AM

Hong Kong

CHINA Evergrande Group, the country's largest property developer, increased its stake in rival China Vanke Co, renewing concerns about a potential battle for control.

The Guangzhou-based developer bought 161.9 million Shenzhen-listed Vanke shares between Aug 16 and Nov 9

Vanke
Evergrande

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