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Evergrande boosts Vanke stake, plans lockup for other holdings

Wednesday, November 16, 2016 - 05:50

Hong Kong

CHINA Evergrande Group, the country's largest property developer, boosted its holdings in rival China Vanke Co after drawing regulatory scrutiny over a string of purchases in listed companies.

The Guangzhou-based home builder bought 73.7 million of Vanke's mainland-traded

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