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Shanghai International Airport to swap assets with shareholder.
(From Xinhua Financial News - China Focus)
BEIJING (XFN) - Shanghai International Airport Co Ltd (SHA 600009) said it has signed an agreement to swap its assets in Hongqiao International Airport with the assets in Pudong International Airport held by its largest shareholder, Shanghai Airport (Group) Co Ltd.
Under the agreement, the listed company will also swap its assets in Hongqiao International Airport with a 40 pct stake held …
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