Vanke beat seven rivals to win a package of assets that included a prime Guangzhou site in a public auction on Thursday. Photo: Nora Tam

China Vanke wins prime site and assets in auction for 55b yuan

China’s second-largest developer beat seven rivals to win a package of assets held by a bankrupt firm of the Guangdong government

Topic |   China property

TOP PICKS

Vanke beat seven rivals to win a package of assets that included a prime Guangzhou site in a public auction on Thursday. Photo: Nora Tam
READ FULL ARTICLE