Publications

Transactions - JUNE 12, 2017

Shenzhen Metro Group becomes China Vanke’s largest shareholder

by Released

Shenzhen Metro Group has acquired more shares in China Vanke for $4.3 billion, making it the largest shareholder in the real estate developer.

China Evergrande Group signed a deal to transfer 14.7 percent of the shares it owns in China Vanke Co. to Shenzhen Metro Group on Friday.

Shenzhen Metro Group now owns a 29.38 stake in China Vanke Co.

Shenzhen Metro Group is a subway operator controlled by the Shenzhen government.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?