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Chinese Developer Sells Stake In Tech Park Unit For $212M

By Linda Chiem (May 4, 2015, 3:04 PM EDT) -- Chinese real estate developer Mingfa Group (International) Co. said Monday it will sell a 49 percent stake in its technology park development subsidiary to Nanjing Yangzi State Assets Investments Group Co. Ltd. for about 1.32 billion yuan ($212.3 million)....

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