Property developer Kaisa plans rights issue

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Property developer Kaisa plans rights issue

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Aerial view of Yick Fat Building, Quarry Bay, Hong Kong. Residential area in old apartment with windows. High-rise building, skyscraper with windows of architecture in urban city. | tampatra - stock.adobe.com

Kaisa Group Holdings, a Chinese real estate developer, is planning to tap shareholders for a HK$2.73bn ($351.1m) rights issue.

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