Evergrande Signals Bid to Control Rival Developer Langfang

Updated on
  • Firm doesn’t exclude possibility to obtain control: filing
  • Evergrande bought 5% Vanke stake this month in surprise entry

Billionaire Hui Ka Yan’s China Evergrande Group, which last week made a surprise entry into an ownership tussle for the nation’s largest residential developer, signaled its ambition to obtain control in another Chinese firm.

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