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Much uncertainty about Vanke's rescue plan

Tuesday, March 15, 2016 - 05:50

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,

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