Pursuits

Kaisa Purchase Tipped by Sunac Chairman as He Joins Vote

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Sunac China Holdings Ltd. was described by its chairman as the firm most likely to take over troubled Chinese property developer Kaisa Group Holdings Ltd.

A screen grab of Sunac China Chairman Sun Hongbin’s microblogging account on Wednesday showed he’d voted in an online poll on the topic. No comment was immediately available from a Tianjin-based press official for Sunac.