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Battle for home builder China Vanke heats up as Evergrande raises stake
Published Tue, Aug 16, 2016 · 09:50 PM
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Hong Kong
A BATTLE for control of China's largest home builder heated up after the country's No 2 player raised its stake in China Vanke to nearly 7 per cent, sending Vanke stock higher with investors and analysts betting more share raids are in store.
The move by highly indebted but ambitio…
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