Vanke and its chairman Wang Shi, have fired the latest salvo in the company’s takeover battle with Baoneng Group, filing a open letter with the country’s securities regulators, accusing its largest shareholder of illegal fund raising. Photo: Felix Wong, SCMP
Vanke and its chairman Wang Shi, have fired the latest salvo in the company’s takeover battle with Baoneng Group, filing a open letter with the country’s securities regulators, accusing its largest shareholder of illegal fund raising. Photo: Felix Wong, SCMP
China Vanke

Vanke fires latest salvo in takeover battle with Baoneng

Housebuilder sends 8,000-word open letter to securities regulators accusing its largest shareholder of illegal fund raising

Vanke and its chairman Wang Shi, have fired the latest salvo in the company’s takeover battle with Baoneng Group, filing a open letter with the country’s securities regulators, accusing its largest shareholder of illegal fund raising. Photo: Felix Wong, SCMP
Vanke and its chairman Wang Shi, have fired the latest salvo in the company’s takeover battle with Baoneng Group, filing a open letter with the country’s securities regulators, accusing its largest shareholder of illegal fund raising. Photo: Felix Wong, SCMP
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