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BRIEF-China Resources to sell its China Vanke stake to Shenzhen Metro
January 12, 2017 / 11:43 AM / a year ago

BRIEF-China Resources to sell its China Vanke stake to Shenzhen Metro

Jan 12 (Reuters) - China Vanke Co Ltd

* Says China Resources to sell stake to Shenzhen Metro

* Says China Resources and unit will sell entire 1.69 billion A-shares in the company to Shenzhen Metro

* Says stake sale at 37.2 billion yuan ($5.40 billion), 22.0 yuan per share

* Says share trade to resume on Jan 13

Source text in Chinese: bit.ly/2jaMn2E

Further company coverage: ($1 = 6.8950 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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