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Ping An-Tied Co. Picks Up Stake In China Project For $359M

By Andrew McIntyre (April 14, 2016, 6:56 PM EDT) -- A company half-owned by the real estate arm of Ping An Insurance (Group) Co. of China Ltd. has reached a nearly 2.33 billion yuan ($359.3 million) deal with Chinese property developer Yuexiu Property Co. Ltd. for a stake in a mixed-use development in Guangzhou, according to a Wednesday announcement from Yuexiu....

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