Vanke chairman Wang Shi is now at loggerheads with the company’s two largest shareholders over his proposed share-for-asset deal with Shenzhen Metro. Photo: Oliver Tsang, SCMP

Baoneng aligns with China Resources in opposing Vanke’s Shenzhen Metro deal

The two major shareholders own 39.57 per cent of the business, enough to block the proposal

Topic |   China Vanke

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Vanke chairman Wang Shi is now at loggerheads with the company’s two largest shareholders over his proposed share-for-asset deal with Shenzhen Metro. Photo: Oliver Tsang, SCMP
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