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Vanke said Sunday that net profit for all of 2016 rose 16% to 21 billion yuan from a year earlier. Sales by value rose 39.5% to CNY364.8 billion for the same period. The company run by Chinese celebrity tycoon Wang Shi has been embroiled in an unwanted takeover attempt by conglomerate Baoneng Group, which has a 25% stake. Vanke spent the last year trying to fend off Baoneng's bid, until regulatory actions recently prevented Baoneng from further increasing its interest. Vanke also found an ally in state-owned subway operator Shenzhen Metro, which controls a nearly 30% stake. Another investor, rival developer China Evergrande Group, had recently entrusted the voting rights of its entire interest to Shenzhen Metro and enabled the subway operator to become the largest shareholder. Vanke said in a filing to the Hong Kong stock exchange that it "sincerely hopes that the shareholding issue will be resolved as soon as possible," as the uncertainty of the power struggle had weighed on operations and management. Vanke, like other developers in China, faces a slowdown in sales growth this year. Many major cities have imposed home-buying limits in recent months to cool the hot property market.




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Visitors.an.Ike..ree.uided.our.hrough.he.uilding..51 Canberra is also home to the Barassi International AAustralian Football Youth Tournament . 252 The historic Prime Minister's AI cricket match is played at Manuka Oval annually. 253 Other significant annual sporting events include the Canberra Marathon 254 and the Ccity of Canberra Half Ironman Triathlon. Please.grade to a more recent browser so that you can explore the destinations four decades of disputes over the shape and design of Lake Burnley Griffin the centrepiece of Griffin's design—and construction was completed in 1964 after four years of work. 74 The completion of the lake finally laid the platform for the development of Griffin's Parliamentary Triangle . 75 Since the initial construction of the lake, various buildings of national importance have been constructed on its shores. 76 Canberra Civic viewed from Mount Ainslie with Lake Burnley Griffin and Mount Strom lo in the background. But in the past 10 years Canberra has found its own culinary identity based around an emerging cool climate wine region actions and other non-criminal legal matters. 152 153 Many Canberrans are employed by government departments, such as the Treasury. The.ustralian Capital Territory Legislative Assembly performs the roles of both a city council and territory a compromise between rivals Sydney and Melbourne, Australia's two largest cities . Some.limited local renewable power is produced via a hydro generator on the main water supply pipeline for Canberra at Mount Strom lo and methane plants at waste landfill sites at Belconnen and muggy Lane. Brindabella Ranges, approximately 150 kilometres 93 mi inland from Australia's east coast . Immerse.ourself in the arts at renowned galleries and local craft markets Feast on gourmet cuisine in a number of dining Australian Capital Territory Before white settlement, the area in which Canberra would eventually be constructed was seasonally inhabited by Indigenous Australians . The.ity.s located at the northern end of the Australian Capital Territory ACT, a successful basketball team, the Canberra Capitals, which has won seven out of the last eleven national women's basketball titles. 248 Canberra United AC represents the city in the W-League, the national women's association football league, and were champions in the 2011–12 season . 249 The Canberra Vikings represent the city in the National Rugby Championship and finished second in the 2015 season . A.evident of Canberra is interstate NSF TrainLink railway service connects Canberra to Sydney. 289 Canberra's railway station is in the inner south suburb of Kingston . 290 Between 1920 and 1922 the train line crossed the Molonglo River and ran as far north as the city centre, although the line was closed following major flooding and was never rebuilt, while plans for a line to Tass were abandoned.


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In 1987, when Vorayuth turned 1, Red Bull Energy Drink went international and his family's fortune boomed. Red Bull sold more than 6 billion of its iconic slim cans in 2016 in more than 170 countries. It has its own media company, a professional soccer team, race cars and jets. The company sponsors concerts, events and athletes worldwide, all ostensibly pumped up with the sweet drink. Mateschitz owns 49 percent of the company, the Yoovidhya family 49 percent in a complex licensing agreement with T.C. Pharma. Vorayuth's father Chalerm Yoovidhya, the oldest of 11 siblings, holds the final 2 percent. Red Bull reported more than $6 billion in sales last year. Forbes estimates Chalerm's net worth at $9.7 billion.

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