CR Land returns with dual-tranche Panda

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

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CR Land returns with dual-tranche Panda

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Hong Kong-listed China Resources Land is returning to the Panda market on July 21 after a year-long absence. The company, which is hoping to raise Rmb5bn ($741m), will be the second red chip real estate issuer in two days to price a dual-tranche Panda deal.

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