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Vanke shares continue ascent

By Cai Xiao | China Daily | Updated: 2016-08-09 07:44

Sunac chairman denies reports firm bought a Vanke stake

China Vanke Co's shares continued to climb on Monday, although Chinese property developer Sunac China Holdings Ltd denied it had plans to invest in it.

In a regulatory filing on Monday, Vanke said Evergrande Group and its subsidaries have increased their stake in Vanke to 5 percent.

Vanke shares continue ascent

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