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HONG KONG'S TOM GROUP CURBS SINA CORP PURCHASE RUMOURS.

Publication: AsiaPulse News

Publication Date: 29-MAR-06
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COPYRIGHT 2006 Asia Pulse Pty Ltd

BEIJING, March 29 Asia Pulse - Tom Group (SEHK:2383) said yesterday that it does not have anything to disclose regarding acquisitions, despite reports that the Hong Kong media conglomerate would buy a stake in China's biggest Internet portal, Sina Corp.

Tom Group, listed on Hong Kong Stock Exchange and backed by Hong Kong tycoon Li Ka-shing, issued a statement at midnight on Monday that said it had noticed the unusual changes in transactions and prices of its...

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