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Property developer China Evergrande bought an added 2.1 percent stake in China Vanke.

China Evergrande Raises Its China Vanke Stake

Aug 17, 2016 08:52 AM EDT

China Evergrande Group has bought additional shares of China Vanke Co Ltd. worth 5.46 billion yuan ($823 million), increasing its stake from 4.68 percent to 6.82 percent, the company announced in a filing with the Hong Kong stock exchange on Monday.

Meituan Dianping Receives Funding From China Resources Group

Phenny Lynn Palec |

Jul 21, 2016 02:29 PM EDT

Meituan Dianping, China's leading online-to-offline service provider, recently announced that it has received an undisclosed amount of capital from China Resources Group's funding unit. China Resources Group is a state-own conglomerate that aims to help startup businesses by providing capital.

China Resources poised to buy GenesisCare.

Macquarie-Backed China Resources to Acquire GenesisCare for $1.7B: Reports

Charissa Echavez |

Jul 19, 2016 03:10 PM EDT

Macquarie-backed China Resources is set to purchase cancer and cardiac service provider GenesisCare for $1.7 billion, Street Talk revealed on Monday.

China Vanke refuses to grant Baoneng's call for EGM.

China Vanke Refuses Baoneng's Call for Shareholder's Meeting

Charissa Echavez |

Jul 04, 2016 07:41 AM EDT

Property developer China Vanke has refused to call an extraordinary shareholder meeting (EGM) as requested by its largest stakeholder Baoneng, the company announced on Sunday. Baoneng is seeking to oust the CEO and members of the board of China Vanke.

China Resources opposes Baoneng's call to oust chairman and board executives of China Vanke.

China Vanke Saga: China Resources Opposes Baoneng Group's Motion to Oust Board

Charissa Echavez |

Jul 01, 2016 08:05 AM EDT

After China Vanke's largest shareholder Baoneng Group sought a board meeting to oust the real estate's chairman and 11 other executive directors, its second largest shareholder China Resources has made it clear that it does not support the move.