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Power play at Vanke seen ending with 15.3% stake sale

Shenzhen Metro becomes No 2 shareholder for US$5.4b

Hong Kong

STATE-OWNED Shenzhen Metro Group's purchase of the second-biggest holding in China Vanke is likely to pave the way for it to take control of the property giant and put an end to a year-long high-profile corporate power struggle.

Vanke, the nation's biggest property...

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