Co-founder cashes in $232m via Longfor block

Co-founder Cai Kui sold shares in the Chinese property developer for the first time since resigning from a company management role in 2009.

Cai Kui, co-founder of Longfor Properties, took advantage of the stock’s recent rally to sell almost a tenth of his stake in the Chinese property developer late on Wednesday.

¬ Haymarket Media Limited. All rights reserved.

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