June 20 (NBD) -- Shenzhen Jushenghua Co Ltd, a subsidiary of Chinese property and financial services conglomerate Baoneng Group, sold 47.6799 million shares of China Vanke Co Ltd (000002.SZ) for about 1.288 billion yuan (199.4 million U.S. dollars) on 12 June. 

Shenzhen Jushenghua held a 23.74 percent stake in the real estate giant as of the date of the deal, down from 24.99 percent disclosed on 21 May.

Email: zhanglingxiao@nbd.com.cn