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Maroc Maroc - NST.COM.MY - A La Une - 12/Feb 11:07

China Vanke gets US$383mil loan from state shareholder

HONG KONG: Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan (US$383.12 million) loan, in a sign the government is stepping up efforts to stabilise the property developer.

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