SUBSCRIBERS
Much uncertainty about Vanke's rescue plan
Published Mon, Mar 14, 2016 · 09:50 PM
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Hong Kong
CHINA Vanke has found a saviour. After months of uncertainty, the property developer has unveiled a plan to sell a stake to Shenzhen's metro operator in return for assets worth up to US$9.3 billion.
The deal would help Vanke see off a possible hostile bid. However, shareholders are not yet ab…
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