Shanghai Pudong

Property

Yanlord acquires Shanghai prime residential development site for RMB4.5 bil through JV company

The acquisition was done through a public land auction for a total consideration of RMB4.5 billion ($890.1 million).

China Aviation Oil off to a good start

SINGAPORE (July 8): DBS Vickers Securities is starting coverage of China Aviation Oil (CAO) with a “buy” recommendation and $1.62 target price.
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