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China’s Evergrande group, Baoneng and China Resources have been battling for superiority in the stock market.

Chinese Regulators Have Harsh Words for Companies Going Against Market Regulations

Dec 06, 2016 01:44 AM EST

Companies have been advised by China's securities regulators against leveraging their acquisition of items that might have been acquired using dubious methods. During a Saturday meeting of the Asset Management Association of China, Liu Shiyu, Chairman of China Securities Regulatory Commission, spoke out strongly against the act.

Property developer China Evergrande bought an added 2.1 percent stake in China Vanke.

China Evergrande Raises Its China Vanke Stake

Charissa Echavez |

Aug 17, 2016 08:52 AM EDT

China Evergrande Group has bought additional shares of China Vanke Co Ltd. worth 5.46 billion yuan ($823 million), increasing its stake from 4.68 percent to 6.82 percent, the company announced in a filing with the Hong Kong stock exchange on Monday.