China Merchants bought a residential-commercial site in Nanjing in May through Cyber Light. Photo: Reuters

China Merchants Land arm sells project stake to Ping An subsidiary

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Sale of 49pc stake in residential-commercial land will boost firm's financial flexibility

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Published: 11:35am, 1 Oct, 2014

Updated: 5:18am, 2 Oct, 2014

China Merchants bought a residential-commercial site in Nanjing in May through Cyber Light. Photo: Reuters

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