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CHENGDU, Jan. 10 (NBD) -- Sunac China Holdings Limited (01918, HK) said on Monday that its subsidiary Sunac Real Estate has entered into a capital increase agreement with China's property agent giant Homelink and its operating shareholders. 

Sunac will purchase 6.25 percent stake in Homelink at 2.6 billion yuan (375.72 million US dollars). It expressed optimism about the growth potential of the real estate trading market in China where Homelink has established absolute advantage. The company takes a positive view towards Homelink's future development. 

The financing strategy is to promote Homelink's service standardization and the company's competence in big data. 

 

Email: zengyunheng@nbd.com.cn

Editor: Zeng Yunheng