05.08.2016 11:40:00

China Vanke Co., Ltd. -- Moody's: China Evergrande's acquisition of China Vanke stake is credit negative

Hong Kong, August 05, 2016 -- Moody's Investors Service says that China Evergrande Group's acquisition of a stake in China Vanke Co., Ltd.'s (Baa1 stable) is credit negative, but will not immediately affect its B2 corporate family rating or B3 senior unsecured bond rating.

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