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Vanke to buy back up to 10b yuan A shares

Tuesday, July 7, 2015 - 05:50

Shanghai

CHINA Vanke Co has approved a plan to repurchase as much as 10 billion yuan (S$2.17 billion) of its A shares after the government imposed more steps to stem a stock-market rout including halting initial public offerings (IPOs).

Vanke, China's largest residential