Property News · June 24, 2016

Baoneng aligns with China Resources in opposing Vanke’s Shenzhen Metro deal

In a major twist to events in the long-running takeover saga, China Vanke’s largest shareholder has aligned with its second-largest shareholder to oppose a restructuring plan proposed by Vanke’s management.

Source : South China Morning Post
Read more…Baoneng aligns with China Resources in opposing Vanke’s Shenzhen Metro deal