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Vanke keen on investing in China SOEs' property units

Developer says it will make some 'big moves' in M&A and equity investment

Published Wed, Apr 9, 2014 · 10:00 PM
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[HONG KONG] China Vanke Co Ltd, the country's largest listed developer, is interested in investing in property units of state-owned enterprises (SOEs) as Beijing opens up state-dominated industries to private capital.

Many SOEs have expanded into property development in recent years, attracted by big profits, although tighter credit a…

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