Evergrande’s vice chairman and president Xia Haijun said his firm would not seek a controlling stake. Photo: Jonathan Wong

China Vanke shares tumble after restructuring plan falls flat

Top homebuilder slumps 6pc in Shenzhen after leading shareholder and rival Evergrande says it is not seeking control

Topic |   China Vanke

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Evergrande’s vice chairman and president Xia Haijun said his firm would not seek a controlling stake. Photo: Jonathan Wong
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