China’s housing market has seen strong sales rebound in first and some second-tier cites in the past few months, driven by government policy support. Photo: Reuters

Chinese conglomerate Citic swaps residential properties for China Overseas’ shares and commercial projects

The agreement should have little impact on Citic’s net asset value, analysts say

Topic |   Citic Pacific

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China’s housing market has seen strong sales rebound in first and some second-tier cites in the past few months, driven by government policy support. Photo: Reuters
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