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Shangri-La, Kerry Venture Win Zhengzhou Land for 401 Mln Yuan

Kerry Properties Ltd. (683) and Shangri- La Asia Ltd. jointly won a bid to acquire the land use rights of a land plot in China’s Zhengzhou city for 401 million yuan, according to a statement to the Hong Kong stock exchange today.

To contact the editor responsible for this story: Marco Lui at mlui11@bloomberg.net

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