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Has Xinzhong Property been sold by China Bank?
Xinzhong Real Estate was not sold by China Bank. According to the company introduction of Xinzhong Property Management Co., Ltd. in official website on July 9, 2022, Xinzhong Property Management Co., Ltd. is a wholly-owned subsidiary of Bank of China. Established in August 2000 by Hong Kong Xinzhong Property Management Co., Ltd., a subsidiary of Bank of China Group Investment Co., Ltd., to develop its business in the Mainland. Therefore, Xinzhong Real Estate has not been sold by China Bank.
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