In the year-long battle for control of China’s second largest property developer, its own senior management and state-backed Shenzhen Metro Group appear to have come up trumps. Photo: Reuters.

Vanke’s management prevails after year-long takeover tussle, as second and third largest shareholders offload shares

Analysts believe the State-owned Assets Supervision and Administration Commission and Shenzhen government actively stepped in to help Vanke’s top team take back the initiative

Topic |   China Vanke

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In the year-long battle for control of China’s second largest property developer, its own senior management and state-backed Shenzhen Metro Group appear to have come up trumps. Photo: Reuters.
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