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Houpu Investment

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RESEARCH · CL_30987 · May 14 · 05:16

Vanke's stake in GLP valued at $20B ahead of potential IPO

Vanke's most valuable asset is its stake in Global Logistics Properties (GLP), which is reportedly planning an IPO in Hong Kong aiming for a valuation of around $20 billion. This potential IPO could provide Vanke with a…