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More high-priced land snapped up for profit

By Shen Jingting | China Daily | Updated: 2010-03-18 07:50

More high-priced land snapped up for profit

A representative from China Poly Group Corporation joins the bidding on Wednesday. Gan Nan / for China Daily

Poly Beijing Real Estate Limited, a subsidiary of the State-owned conglomerate China Poly Group, was among the latest successful bidders to snap up high-priced residential land in Chaoyang district, grabbing a slice of scarce real estate on Wednesday for 5.04 billion yuan.

More high-priced land snapped up for profit

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