Shenzhen's Sinolink Worldwide Holdings, a property and energy conglomerate, has allied with New York's Rockefeller Group to establish a fund to invest in the mainland property market, reported the South China Morning Post. The aim to raise US$546 million through a top-up share placement. Sinolink said in a statement filed with the Hong Kong stock exchange after the market closed Friday that its chairman, Ou Yaping, had agreed to sell 280 million shares at HK$1.95 each to four professional investors. He also agreed to subscribe to the same amount of new shares at the equivalent subscription price. Sinolink shares were to resume trading Monday after being suspended Thursday.