China Vanke

China Vanke pays 3b yuan for stake in secondary home agent Homelink

China Vanke pays 3b yuan stake in secondary home agent Homelink

China Vanke, the country’s second-largest developer, will pay 3 billion yuan (US$435.6 million) for a minority stake in privately held Homelink Group, the nation’s largest secondary home agent, underscoring the vast potential value of China’s existing home market.