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Evergrande extends buying spree with 13.5b yuan China deals

Friday, December 4, 2015 - 05:50

Hong Kong

A WHOLLY-OWNED subsidiary of Evergrande Real Estate Group Ltd, the Chinese developer that has been on a shopping spree this year, has agreed to buy 13.5 billion yuan (S$3 billion) of assets from a unit of New World China Land Ltd.

According to statements from the

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