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China's Vanke to delay bond sale - sources

Tue Sep 2, 2008 11:56pm EDT

SHANGHAI, Sept 3 (Reuters) - Vanke 000002.SZ, China's largest listed property developer, has postponed a planned sale of up to 5.9 billion yuan ($863 million) of corporate bonds this week, market sources said on Wednesday.

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One source said Vanke was apparently dissatisfied with the pricing of the bonds offered by the market. ($1 = 6.84 yuan) (Reporting by Qu Weizhi; Writing by Karen Yeung; Editing by Andrew Torchia)



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