UPDATE 1-China lifts Kaisa sales block, in step toward Sunac takeover

April 8, 2015 9:16 AM

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* Kaisa bonds rise as much as 4 cents vs 0.25 cent sector gain (Adds Sunac unavailable for comment)

HONG KONG, April 8 (Reuters) - Chinese authorities have lifted a sales blockage on most apartments built by Kaisa Group Holdings Ltd, removing a key hurdle to the proposed sale of the troubled developer to larger peer Sunac China Holdings Ltd.

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