CHINA TOPIX

05/13/2024 06:38:11 pm

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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

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.

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