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English>>China Business

Property developers turn to HK for IPO (3)

By Wu Yiyao and Wang Ying (China Daily)

10:08, November 08, 2012

In the first three quarters of 2012, China Vanke Co Ltd generated 5.08 billion yuan in net profits, up 41.74 percent year-on-year.

Analysts predicted the country's largest property developer by market value will have a record amount of revenue in 2012.

Gao Changxin in Hong Kong contributed to this story.

Contact the writers at wuyiyao@chinadaily.com.cn and wang_ying@chinadaily.com.cn

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