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Shenzhen Investment to Buy Land for 4.15 Billion Yuan

Shenzhen Investment to Buy Land for 4.15 Billion Yuan Shenzhen Investment will issue 1.41 billion new shares to fund the purchase, boosting Shum Yip's stake in Shenzhen Investment to 59.7 percent from 44.4 percent, according to a Hong Kong stock exchange filing yesterday. After increasing its stake, Shum … Read more on Bloomberg

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